Discover the AI-optimised contract management solution
The best AI tool for managing the entire lifecycle of your contracts, from generation to monitoring with automatic reminders. Secure your contract library. 100% online.
Our AI supports you throughout the life cycle of your contracts
Start today, deploy next week
From the outset, we designed Tomorro to be simple and flexible, to suit every need.
Set up the basic functions of your Tomorro account in just a few minutes.
Our team will assist you in setting up your contract library and your contract templates.
Your account is ready and you can now invite your collaborators to use Tomorro autonomously.
Do you have any questions?
What is contract management?
The management of legal contracts, or contract management, is a skill that requires mastery of all the stages in the life of a contract: negotiation, conclusion, the launch phase with operational staff, the performance of reciprocal obligations, the management of disputes and the end of the contract. Often relegated to second place, it is nevertheless one of the keys to controlling a company's growth. And yet, according to IACCM studies, poor management results in a 9.2% loss of revenue every year.
The necessary transformation of corporate contract management
The legal department is often undersized. In other words, it is difficult for them to keep up. The proliferation of regulations and the instantaneous nature of exchanges mean that contractual pressure is very high, especially as lawyers are everywhere. They manage supplier contracts, customer contracts and service provider contracts. Whatever the size or number of agreements signed, the legal department is constantly involved, and the data it has to monitor is exponential.To limit the risk of legal breaches and eliminate time-consuming administrative tasks, legal departments are no longer hesitating to review their organisation. In fact, 78% of them are planning to continue digitising their processes.
The benefits of legal contract management software
Contract management software is the perfect answer to the needs of legal professionals, since a dashboard-based management system is ideal for filing all the legal documents during the various life cycles of a contract and for centralising all the data or any changes.Above all, the legal department finally has an overview of all the contractors who are involved, directly or indirectly, in the contracts signed by the company (suppliers, subcontractors, service providers, partnerships, etc.).Finally, management software gives employees a sense of security. With deliverables tracked throughout the company, everyone involved has the same level of knowledge of the situation on the ground. As a result, claims handling is made easier, and centralised data means that any clause can be found quickly. Contract management software has become a powerful business lever thanks to greater legal certainty, controlled empowerment of operational staff and an exhaustive overview.