How Sales Teams can draft contracts directly from their CRM using a Smart CLM tool

Getting a new tool onboarded can be a nightmare, especially when it interferes in the sales team's way to close more deals. Volody Smart Contract Lifecycle Management (CLM) tool integrates with popular sales management platforms such as HubSpot and Salesforce to improve the sales process and increase efficiency for sales teams. Volody’s Smart CLM tool automates many of the manual processes involved in contract management, reducing the risk of errors and saving time for sales teams.?

Seamless Integration with Leading CRMs

When integrated with HubSpot, our CLM tool provides sales teams with real-time access to contract details and updates. This eliminates the need for manual data entry and ensures that sales teams are always working with the most up-to-date information. In addition, the integration allows for the seamless sharing of data between the two platforms, reducing the risk of errors and improving the accuracy of sales forecasting. With accurate and up-to-date contract information, sales teams can make more informed decisions and close deals faster.

In Salesforce, the integration between the CLM tool and the platform allows sales teams to manage and track contract negotiations and signatures directly within the platform. This streamlines the sales process, eliminating the need for manual data entry and reducing the time spent on administrative tasks. In addition, sales teams can access all contract-related information in one place, making it easier to track the progress of negotiations and ensure that all parties are on the same page.?

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CLM Benefits

The integration between CLM tools and HubSpot and Salesforce also improves collaboration between sales teams. By having access to the same contract information, sales teams can work together more effectively, ensuring that everyone is up-to-date on the status of negotiations and that all parties are working towards the same goal. This improved collaboration can help to close deals faster and increase overall performance for the sales team.?

In addition, a CLM tool can provide access to pre-approved contract templates that are customizable to meet the needs of specific sales scenarios. Sales teams can easily select the appropriate template, make any necessary modifications, and generate a draft contract in just a few clicks. This streamlines the contract drafting process and ensures that contracts are consistent and in compliance with company policies.

Once the contract has been drafted, the CLM tool can manage the review and approval process, ensuring that contracts are reviewed by the appropriate parties and that all necessary changes are made before the contract is signed. The CLM tool can also track the progress of the review process, allowing sales teams to see where the contract is in the approval process at any given time.

Here are some of the other key benefits of using smart CLM to draft contracts directly from a CRM system:?

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1. Seamless Integration: By integrating smart CLM with a CRM system, sales teams can draft contracts directly from the CRM, eliminating the need to switch between multiple systems. This not only saves time but also ensures that contracts are created with accurate and up-to-date customer information.?
2. Automated Contract Creation: A smart CLM system can automate the contract creation process, enabling sales teams to quickly generate contracts with the relevant customer information stored in the CRM. This eliminates the risk of errors and inconsistencies that can arise from manual contract creation, making the process faster and more efficient.
3. Improved Contract Management: By integrating smart CLM with a CRM system, sales teams can manage contracts directly from the CRM, providing a single source of truth for all customer information. This eliminates the need to switch between multiple systems, making it easier to manage contracts and improving the overall contract management process.
4. Real-Time Visibility: A smart CLM system provides real-time visibility into the contract lifecycle, enabling sales teams to monitor and analyze their contracts. This information can be used to make informed decisions and improve contract management processes. Additionally, the tool can provide valuable insights into contract performance, helping sales teams identify areas for improvement and make data-driven decisions.
5. Increased Efficiency: By automating many of the manual tasks involved in contract management, sales teams can save time and increase their overall efficiency. This allows them to focus on core sales activities, such as lead generation and relationship building, which are critical to driving revenue for the business.

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In conclusion, the integration between CLM tools and sales management platforms such as HubSpot and Salesforce helps sales teams to work more efficiently and effectively. With real-time access to contract information, improved collaboration, and streamlined processes, sales teams can close deals faster and with greater accuracy, improving overall performance and customer satisfaction.

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About?Volody Products Inc

Volody is a leading AI-enabled Contract LifeCycle Management (CLM)?Software company helping businesses to digitize and automate their legal contract management processes. Volody’s CLM uses?artificial intelligence & machine learning?features to create smart and agile solutions that meet the needs of an ever-evolving business world. Trained with extensive data points, our smart CLM tool provides you with many insights and protects your company from?any possible risks, it be financial, regulatory, or reputational.