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Contract Lifecycle Management Workflow

Manage contracts from request through execution and renewal.

Complexity: High | Duration: 15-30m | Category: Industry/Legal Services

Tags: contracts clm negotiation execution obligations

Workflow Diagram​

Steps​

Step 1: Receive contract request​

Receive contract request

Step 2: Select appropriate template​

Select appropriate template

Step 3: Draft contract terms​

Draft contract terms

Step 4: Route for internal review​

Route for internal review

Step 5: Negotiate with counterparty​

Negotiate with counterparty

Step 6: Track redline versions​

Track redline versions

Step 7: Obtain required approvals​

Obtain required approvals

Step 8: Execute contract​

Execute contract

Step 9: Store and index executed contr​

Store and index executed contract

Step 10: Monitor obligations and renewa​

Monitor obligations and renewals

Usage​

To execute this workflow:

/workflow industry/legal-services/contract-lifecycle-management-workflow.workflow

See other workflows in this category for related automation patterns.