What is RazorSign?

RazorSign delivers a holistic legal operations platform that combines contract lifecycle management, compliance operations, and legal services on a single integrated platform. The platform leverages innovative multi-AI technology through its SensAI feature to provide advanced solutions for legal professionals and business teams.

The platform serves multiple departments including Legal, Sales, HR, Procurement, and Finance, offering specialized solutions for each. It integrates seamlessly with existing business systems and provides features such as electronic signatures, matter management, legal spend tracking, and compliance management, all while maintaining a focus on simplicity and user experience.

Features

Contract Lifecycle Management: Complete contract creation, negotiation, and management system
SensAI Legal Assistant: AI-powered workload sharing and automation
Matter Management: Automated legal case and operations management
Electronic Signature: Digital signature and bulk documentation processing
Compliance Management: Organization-wide compliance tracking and enforcement
Legal Entity Management: Centralized control of legal entities and documents
Legal Spend & e-Billing: Budget and expense monitoring system

Use Cases

Legal department contract and compliance management
Sales team contract negotiation and approval
HR policy and agreement administration
Procurement contract lifecycle optimization
Financial process automation and billing management
Corporate legal entity management
Regulatory compliance tracking

FAQs

What is contract lifecycle management software used for?

Contract Lifecycle Management (CLM) software is used to efficiently create, collaborate, approve, store, and manage contracts. It ensures compliance, reduces risks, and helps organizations track key dates, renewals, and costs. CLM software integrates with other systems, offers security, and generates valuable insights for better contract management.
What is contract automation software?

Contract automation software is a type of technology that automates the creation, management, and processing of contracts. It uses predefined templates, standardized clauses, and rules to streamline the contract lifecycle. This software helps organizations generate contracts faster, reduce errors, and enhance efficiency by automating repetitive tasks like data entry and approval workflows.
How can you measure ROI from CLM?

You can measure ROI from Contract Lifecycle Management (CLM) by comparing the cost savings, efficiency improvements, and risk reduction achieved through CLM software against the initial investment in the software and ongoing operational costs.