Contract Management
Flexibility
auto-line
Collaboration
Consistency
Integration
E-BOOK

How smartContract CLM works for Auto Industry

The business environment for automakers continues to be extremely volatile – it started with crushing semiconductor shortages and has spiralled into significant price volatility across the supply chain. This comes on top of new challenges due to technological evolution and complicated regulatory changes as automotive innovation enters a new era. Data handling, intellectual property, strict ESG reporting and even volatile trade
tariffs are some of the new challenges faced by automakers.


smartContract CLM manufacturers
E-BOOK

How smartContract CLM works for Manufacturers


The business environment for automakers continues to be  extremely volatile – it started with crushing semiconductor shortages and has spiralled into significant price volatility across the supply chain. This comes on top of new challenges due to technological evolution and complicated regulatory changes as automotive innovation enters a new era. Data handling, intellectual property, strict ESG reporting and even volatile trade tariffs are some of the new challenges faced by automakers.

Flexibility
auto-line
Collaboration
Consistency
Integration

How smartContract helps each department

Procurement

Due to highly fragmented processes to execute procurement contracts, it is difficult to ensure the intent of every contract is fully realized. CLM can help.

The volatile business environment has reinforced the importance of contracts to finance departments, as these documents govern every dollar in and out of a company.

Sales teams work across multiple systems and collaborate with different stakeholders for legal review of sales agreements and getting the documents signed to close their deals.

HR

Contract management in an HR setting involves the creation, delivery and ongoing maintenance of staffing services including recruitment, training, development and compensation.

Latest from our blogs

Book a personalized demo!

Let us show you how smartContract CLM can solve contracting challenges of your organization.

Explore: End-user dilemma: Making LegalTech work for employees Read Now →

X