Global businesses routinely sign hundreds of complex and high-value contracts on an annual basis. With regulatory compliance making its presence felt in this complex ecosystem, lengthy contract reviews and approvals are now the order of the day for legal professionals.
Amidst this complexity, constant monitoring of CLM efficiency is critical to achieving strategic objectives.
You cannot control what you don’t track! In fact, effective KPI tracking can be one of the fastest and most effective ways to optimize and improve the performance of your contracts.
Therefore, we have come up with a list of 5 pre award and post-award KPIs that you need to track in 2023. Access this snackable infographic to know more