Preferred Contract Lifecycle Management Software for Telecommunications Companies

30+ Real Estate Companies Trust Zycus enterprise CLM

Agile and compliant contracting for Telecommunications Enterprises

  • With telecommunications industry facing the rising investment needs and shrinking margins, improving efficiencies and boosting cost savings has been the top most priority for all the telecom enteprises.
  • The worldwide telecommunications business environment is accelerating which means contract negotiations are becoming increasingly important for the telecom industry. Telecom contracts are complex and purchasing decisions are increasingly becoming decentralized, flood of documentation such as orders, billing and customer care are exponentially increasing.
 

Key contract management challenges faced by telecommunications enterprises:

Managing contracts across stages

Managing multiple
vendor contracts

leading to complexities of contract language and terms across the vendors
Many contractual moving parts

Many contractual
moving parts

such as multiple currencies, varying financial and performance terms, different laws, and regulatory requirements
Fulfilling Compliance requirements

Fulfilling Compliance
requirements

Federal Communications Commission (FCC), Foreign Corrupt Practices Act (FCPA), and data privacy regulations like GDPR
Monitoring contracts constantly

Monitoring contracts
constantly

for contractual obligations, service levels, milestones, renewal and expirations
 
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How AI-powered CLM
solves these key challenges:

Explore Merlin for Contracts
Easy Negotiations

Easy Negotiations
With data being gathered throughout the contract’s lifecycle, it is much easier to renegotiate the contracts

Intelligent self-service contracting

Intelligent self-service contracting
to help non-legal users to quickly generate sales, procurement, and other types of contracts

Track SLAs

Track SLAs
and Minimum Annual Revenue Commitments (MARCs) with clients to monitor T&Cs for outages, revenue commitments, data usage, etc.

Gain complete visiblity

Gain complete visiblity
into the contract portfolio to ensure compliance, market-specific laws, ISO standards, data protection guidelines

Analysis of Invoice discrepancies

Analysis of Invoice discrepancies
associated with all contracts to ensure correct payment and avoid revenue leakages

Monitor all contracts

Monitor all contracts
for contractual obligations, service levels, milestones, renewal and expirations dates real-tine

Integrations to fast-track business operations

AppXtend

AppXtend

Fetch raw material prices from third-party index and augment third-party supplier data provider
iRequest

iRequest

Fast-track contract creation by originating contract initiation process directly from a sourcing event
Salesforce

Salesforce

Fast-track contract creation of sales contracts originating directly from
the CRM
 

Experience
the power of
AI-powered iContract

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