A contract management system is a software application that helps organisations manage and track the creation, execution, and analysis of contracts, and can include features such as document generation and electronic.
Openli automates the vendor vetting process for organisations so they can mange their vendors and showcase their privacy efforts. The data collected are most often used within commercial and supplier contracts.
Openli and contract management systems differ in some aspects. Here are some of the most important ones to consider:
Legal hours
saved annually
Annual cost
savings
Annual ROI from
purchase of Privacy hub
Integrating Openli with your a contract management system is surprisingly easy and offers you well-rounded privacy protection.
With your shareable Privacy Profile you can generate documentation for your RFP processes and sales contracts in seconds. With a click of button your sales team can showcase your organisations privacy efforts towards customers to close deals faster.
For further productivity gains, you can connect your current contract management tool with Openli API's to automatically pull data into your sales contracts.