Handle every contract clause and deadline effortlessly
Contract negotiation workflow includes multiple approvals, tight timeframe, and intricate language that leave no room for error. One missed step—and the entire process comes to a halt, delaying deals and straining business relationships.
But there’s a better way: generate contracts quickly, use all the contract negotiation tools you need to negotiate faster, and then manage approvals and signatures with automated workflows, templates, and playbooks to increase control and compliance.
Optimize your contract negotiation workflow
Clause management
Standardize clauses and reduce risk
Provide sales and procurement with instant access to pre-approved templates, standard language, and a library of fallback clauses for faster negotiation.
- Manage clauses with ease
Simplify clause creation for consistent language across contracts. - Minimize versioning and boost efficiency
Reduce the need for multiple clause versions with dynamic, reusable smart clauses with conditional logic and user guidance. - Adapt to regulatory changes
Add new clauses or adjust existing clauses, automatically updating templates - Allow teams with playbooks to swap pre-approved clauses
No need for legal team intervention while maintaining consistency.
Generate contracts
Streamline and automate
Empower the team to efficiently generate contracts, using standard templates and playbooks, maintaining compliance without going through legal.
Simplify contract requests
Guide users through an easy contract request process that ensures all information is captured, increasing accuracy.Automate contract creation
Self-service intake forms and dynamic document automation enforce custom guidelines and rules when generating agreements.Automatically create or update records
Easily update agreement and clauses to maintain consistency and compliance.
Review and negotiate
Accelerate contract processes while minimizing risk
Streamline the contract lifecycle management process with self-service clause library and AI-driven contract review, risk analysis, and suggestions. Gain insights by interrogating contracts and summarizing them for faster, smarter decisions.
- Self-service negotiation
Enable teams with a pre-approved library of fallback clauses for faster negotiation. - Automatically analyze contract data
AI flags risks and areas that require thorough review. Ask custom compliance questions, view risk scores, and semantic clause comparison provides a view of intent while AI suggests redlines to speed negotiation. - Ask questions about contracts
Summarize and get immediate feedback about risks, obligations, calculations, and more to make better decisions. - Negotiate and review where you already work
Author, negotiate, and review with Microsoft Word and Google Docs.
Approve and sign
Automate approval and sign workflow
Close deals faster and align with your internal processes. Provide a seamless, embedded, and white-labeled experience for your customers with Conga Sign.
- Automate approval workflows
If a designated approver is unavailable, the system automatically escalates the request to an alternate approver based on predefined rules. Configure time-sensitive triggers to ensure contracts move forward without bottlenecks. - Provide a seamless, embedded, and white-labeled experience
Conga Sign’s mobile and remote signing allows you to finalize contracts from anywhere. - Enterprise-grade control, security, and automation
With this secure contract approval and signing process, all data can be sent back to your CRM or system of record. View audit trail and edits with a complete log of updates and approvals. - Native Conga Sign included for your eSignature needs
Get support for Conga and other providers like DocuSign and AdobeSign
Store and amend
Centralize, manage, and streamline
Empower your team with a secure contract repository for efficient storage, reporting and obligation management. Enhance compliance, visibility, and productivity with AI-powered tools, automated workflows, and actionable insights.
- Improve visibility, support data-driven decisions
Use Smart Search and hierarchies to organize, locate, and retrieve contracts fast. Streamline processes, reduce risks, optimize costs, with reports and dashboards. - Track changes effectively
Maintain alignment with version control and full version history visibility. - Manage obligations
Identify and act on obligations with AI to guarantee you meet your commitments. Use customizable alerts and notifications for key milestones and obligations. - Stay ahead of deadlines and integrate seamlessly
Connect with CRM, ERP, and P2P systems for real-time data syncing and processes.
Revenue Lifecycle Management built for contract success
Conga Revenue Lifecycle Management has solutions for every stage of the contract lifecycle—in a single software—the Advantage Platform. It makes it easier than ever for your teams to collaborate with complete control over the contract process.
Renew and expand
The platform automatically flags upcoming renewal opportunities or milestones, transitioning the process to the final stage and unlocking new growth opportunities.
Propose and quote
Create precise, professional proposals that set the stage for successful agreements. Connect the platform with your chosen CRM to automate data synchronization and free up your sales team’s time.
Manage and fulfill
Stay organized through order management and fulfillment, ensuring every commitment aligns with the proposal to avoid last-minute issues.
Negotiate and execute
Convert quotes to contracts instantly. Conga automates approvals and collects eSignatures in one place, so deals don’t get stalled by paperwork.
Automated contract negotiation for every business size
Conga’s contract negotiation software offers flexible and tailored solutions to fit your needs, no matter if you’re a small business with limited contracting requirements or a large enterprise managing complex contracts.
Conga Contracts
Perfect for small to mid-sized businesses, Conga Contracts is a simple and effective contract management solution with lower costs, fast implementation, and easy integration.
Conga CLM
Built for enterprises, Conga CLM handles the most complex contract demands. Manage high-volume agreements using advanced and ethical AI, custom approval processes, and tools tailored for detailed compliance needs.
Why the Conga Advantage Platform is your solution for effective contract execution
Cut delays, reduce risks, and streamline collaboration with a Revenue Lifecycle Management platform designed to keep your negotiations fast, compliant, and efficient.
Accelerated timelines
Speed up processes like redlining, approvals, and eSignatures.
Stronger compliance
Use AI insights and clause management for standardized terms.
Efficient collaboration
Keep all parties aligned with real-time tools and centralized approvals.
50% Increase in contracting volume
Products used:
Conga CLM
Conga was the only solution we found to meet the diverse functional needs of our finance, legal, and sales teams. Now that we have deployed Conga, we have a solution that allows customer information and activity to be seamlessly managed across the company.
Christine Wiegand
Assistant General Counsel @ QuintilesIMS
24h Delivery time of contracts
Products used:
Contracts for Salesforce
Our customers were at the forefront of our mind when selecting a technology solution. We wanted to get contracts into the hands of our customers within 24 hours – Conga has enabled us to achieve that goal.
Matt Cumberlidge
Head of Quote to Cash Program @ Elsevier
75% Decrease in contract cycle time
Products used:
Conga Sign
Conga Composer
Conga Contracts for Salesforce
Conga Grid
I feel like all the different Conga solutions we've put in place are providing immediate effects. The almost instant turn around on signature time, quicker time to close, and improved customer satisfaction is just amazing.
Ann Baker
Director of Business Systems @ Edmentum
Start negotiating contracts with ease
Ready to transform your contract workflow process? Request a demo to see how Conga can help you easily negotiate, execute, and manage contracts.
Dive into resources for a smoother contract process
-
How to accelerate the revenue cycle with contract management BlogSalesforce OptimizationsHow to accelerate the revenue cycle with contract management
Did you know that on average it can take about 3.5 weeks to get a contract created and approved? That time can significantly increase when your contract is stuck in the agreement or negotiation stage.09/02/20214 min read -
How Do You Redline a Contract Before Signing? BlogCLMHow Do You Redline a Contract Before Signing?
Contracts serve as the backbone of business agreements, establishing terms, obligations, and protections for all parties involved. However, before signing on the dotted line, it's crucial to ensure that the contract reflects your interests and mitigates potential risks. This is where the process of contract redlining comes into play.12/21/20233 min read -
Contract lifecycle management (CLM): putting an end to the contract management juggling act BlogCLMContract lifecycle management (CLM): putting an end to the contract management juggling act
Managing contracts can sometimes feel like a balancing act, but it is fundamental to the success of a business. Today’s limited workforce has left many legal teams in charge of contracts and mitigating risks, unable to keep up.10/04/20225 min read -
How CLM technology solves the 3 p's of contract management BlogCLMHow CLM technology solves the 3 p's of contract management
You’ve probably heard us say it before: businesses run on documents. But, more specifically, businesses run on contracts. Every year, a typical business will create, execute, and manage hundreds, if not thousands, of contracts.05/27/20202 min read
Frequently asked questions
-
What are contract negotiations?
Contract negotiations are the process of discussing, reviewing, and finalizing agreement terms between two or more parties. The goal is to create a contract that satisfies everyone involved while addressing concerns such as:
- Pricing
- Responsibilities
- Timelines
- Compliance
A successful negotiation results in a win-win scenario for all parties with clear, enforceable agreement.
-
What is the execution of a contract?
The execution of a contract is the formal process of signing the agreement, which makes it legally binding. Steps include:
- Signing: All involved parties begin with signing the contract—in person, electronically, or through other authorized methods.
- Contract delivery: The signed contract is then delivered (physically or digitally) to all parties.
- Implementation: The contract's terms come into effect once executed where parties are required to fulfill their contract obligations.
- Recordkeeping: The executed contract is securely stored for future reference, compliance, and resolution of potential disputes.
-
What are the top use cases for contract negotiation automation?
Contract negotiation automation takes you from slow negotiations and endless back-and-forth to faster deal wrap-ups and compliant, error-free contracts. Automation transforms the way you work by:
- Speeding up negotiation cycles: Free up your team’s time by automating repetitive tasks like approvals, clause selections, and document redlines. Close deals in record time and focus on what matters most.
- Staying compliant with every contract: Meet your industry’s legal requirements easily with pre-approved templates and clause libraries.
- Reducing risks in third-party contracts: Protect your business with AI tools flagging risky clauses and difficult-to-locate issues.
- Making teamwork seamless: Break down silos with real-time collaboration tools. Keep your legal, sales, and procurement teams aligned and moving forward together.
- Tracking progress: Stay in control with dashboards that monitor timelines, milestones, and document versions. Nothing gets lost, and everyone stays informed.
- Standardizing your contracts: Bring order to contract chaos. Create consistent agreements with rules-based workflows while still allowing flexibility for unique client needs.
-
Can we customize Conga CLM if we have complex contract workflows?
Absolutely! Adapt Conga CLM to your unique contract negotiation workflow with:
- Conditional fields and clauses: Create contract templates with conditional clauses and fields that modify based on contract type, jurisdiction, or business unit.
- Customizable dashboards and reports: Track relevant contract metrics and KPIs.
- Integration-friendly platform: Connect Conga with your existing tech stack, such as Salesforce or Microsoft Word.
-
What resources does Conga provide for the implementation of the contract negotiation tools?
Conga’s contract negotiation software has a smooth implementation process for your team with extensive support and training resources, including:
- Dedicated onboarding team: Onboard with assisted setup, integrations, and customizations.
- Ongoing training programs: Access live training sessions and webinars to keep your team updated on contract negotiation skills, tools, and best practices.
- Robust customer support: Choose from various support plans to handle technical issues or questions, with a knowledge base for self-service help.
-
How does Conga handle large volumes of contracts and high transaction loads?
Conga Advantage Platform can manage high contract volumes efficiently with:
- Flexible infrastructure: Grow without switching vendors as the Conga platform handles increasing contract volumes without compromising speed or performance.
- Efficient workflows: Automate processes and reduce manual effort, even with high transaction volumes.
- Advanced reporting: Analyze contract performance at scale with detailed reporting features that track metrics like approval time, cycle time, and negotiation duration.
-
How does Conga ensure data security throughout the contract lifecycle?
Conga prioritizes data security across each stage of contract management by following stringent security standards:
- End-to-end encryption: All contract data is encrypted both at rest and in transit, making it secure at every stage.
- Role-based access controls (RBAC): Only authorized users have contract access, with permissions set for viewing, editing, or approving based on role.
- Audit trails and compliance: Every action on a contract is logged, creating a detailed audit trail.
- Third-party security compliance: Conga adheres to ISO and SOC standards and undergoes regular audits to maintain high-security benchmarks.