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What is CLM Matrix?

CLM Matrix provides an intuitive contract lifecycle management solution that allows organizations to manage their contract processes securely and efficiently, resulting in improved business performance. Its fully customizable platform is designed with a modern user interface that encourages high rates of user adoption while minimizing the need for extensive training. The system establishes consistent contract storage practices through a well-organized and easily searchable central repository. By enabling rapid and compliant contract creation using pre-approved legal language, it reduces the workload for legal teams. This solution effectively minimizes negotiation bottlenecks and speeds up revenue generation through automated workflows and clear status updates. Furthermore, it enhances the management of contracts after execution by offering actionable insights and timely alerts. The contemporary user experience not only boosts productivity but also fosters greater user engagement, making navigation straightforward. With its visual design tools, users can effortlessly create, adjust, and customize workflows and policies to meet their unique requirements. Ultimately, CLM Matrix empowers businesses to optimize their contract processes, resulting in heightened efficiency and effectiveness, alongside a significant reduction in administrative burdens. This comprehensive approach ensures that organizations can focus on their core objectives while managing contracts seamlessly.

What is BLOCKTRACTS?

Effectively managing complex contracts on a global level is crucial for minimizing unnecessary costs associated with both government organizations and private companies. The integration of AI technology enhances the management of contracts in both B2B and B2C sectors, streamlining processes significantly. Users can upload and securely store contracts while also enabling customer signatures through comprehensive Know Your Customer (KYC) protocols. With BLOCKTRACTS, each contract's transaction history is meticulously logged on the blockchain, ensuring enhanced transparency and traceability throughout the process. Any changes made to the contracts are clearly indicated, and the original documents are secured on the InterPlanetary File System (IPFS). This groundbreaking dual system effectively eliminates ambiguity and reduces the potential for fraud, thereby preserving an immutable record of contract history. Additionally, contracts are reliably backed up on high-security servers situated in Germany, the USA, and Singapore, allowing attorneys secure access for necessary legal review and support. By merging blockchain technology with AI capabilities, BLOCKTRACTS revolutionizes contract management, providing an efficient, transparent, and tamper-proof framework for both the creation and enforcement of contracts. This innovative approach signifies a major leap forward in the management and execution of contracts on a global scale, ultimately transforming traditional practices.

Media

Media

Integrations Supported

Arbitrum
Crunchbase
OpenAI

Integrations Supported

Arbitrum
Crunchbase
OpenAI

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$328 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Wolters Kluwer

Date Founded

1836

Company Location

Netherlands

Company Website

www.wolterskluwer.com/en/solutions/enterprise-legal-management/clm-matrix

Company Facts

Organization Name

BLOCKTRACTS

Date Founded

2024

Company Location

United States

Company Website

blocktracts.ai/

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

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