Consequences of Poor Contract Management

Contract value leakage costs businesses up to 9 per cent of their annual turnover - WorldCC

40 per cent of a contract’s value can be lost as a result of inefficient contract management processes - KPMG

71% of companies cannot find 10% or more of their contracts - Journal of Contract Management

9 in 10 contract professionals feel like finding specific contracts is a challenge and 49% say they lack a defined process for storing contracts after execution - EY

Contract Management:

Old Way

– Contracts are stored in file folders.
– Contracts are tracked in Excel sheets.
– No tagging available.
– Use multiple eSignature solutions.
– Pay per signature fee.
– Pay per user accounts.
– Separate solutions for deals and contracts

Outcomes
– Difficult to find contracts.
– Revenue leakage
– No way to access them on mobile.
– No notifications on expiring contracts.
– Easy to miss contract expirations.
– Easy to miss contract auto renewals.
– Paying multiple vendors for Digital Signatures and Contract Management
– Difficult to get visibility of your deal pipeline and contracts, delays in executing contracts

New Way

– Contracts are stored in a centralised repository.
– Contracts can be tagged with any values that make sense to you and used in easy search and filtering.
– Review contracts using Gen AI
– Contracts can be tracked on a visual board.
– Send contracts for digital signatures using the same system.
– No separate charge per signature.
– Receive daily or weekly contract expiry notification emails
– Just forward your existing contracts to a specific email inbox, and contracts will be automatically uploaded in the system.
– Manage deals and contracts in single solution, as soon as the deal is closed, start the contract execution process

Outcomes
– Super easy to find contracts with blazing fast search.
– Access your contracts on web, iOS and Android with the same user experience.
– Notifications on expiring contracts so you never miss any contracts.
– Simple pricing.
– Same system for contract creation and contract management.
– Very easy to import existing contracts for tracking.
– Seamless visibility of your business deals pipelines and contracts for your sales, legal and client teams

Every industry needs a CLM to manage contracts

Use Cases

Contracts are everywhere as they are the heart of  business transactions

Legal

Contract creation, contract negotiation and approval, setting up template libraries, storing existing contracts, records retention and searching contracts are essential for legal teams.

Sales

This use case is focused on the needs of sales stakeholders. Requesting a contract and searching existing contracts are key to sales stakeholders. Sales contracts are often also known as sell-side contracts.

Procurement

This use case is characterized by the priorities of procurement in the contract management process. Key capabilities needed by procurement organizations include searching contracts, updating and renewing contracts, manage contract requests, and store supplier contracts. Procurement contracts are often also referred to as buy-side contracts.

Enterprise

A use case focused on managing multiple contract types across the enterprise, including both buy-side (supplier), sell-side (customer) contracts and other contracts such employment contracts. It supports collaboration among key stakeholders, including procurement, sales and legal.

With our multi workspace feature, enterprises can create multiple workspaces to keep different types of contracts and associated users separate for optimal privacy and security (E.g., sell-side contracts or buy-side contracts vs employment contracts). Get in touch to learn more on how we can support your business needs.
Features

Contract Management Software Built for SMEs

Simple and easy solution for efficient management of contracts and to avoid revenue leakage due to poor contract management

Powerful Contract Repository

Stop wasting your time looking for contracts across shared drives and emails. Axsar CLM manages all your contracts along with key meta data, drafts, attachments, and emails into one place.

Link amendments, addendums, orders, master agreements, and any other related contracts together so that you can see the entirety of a deal in one place.

Easily add contracts from your inbox by forwarding an email containing your contract to your Axsar CLM specific email address. Or simply upload it via the web and mobile apps.

Sign New Digitally e-sealed Contracts

Go ink and paper-free with an electronic signature, and watch your savings, revenue, and productivity grow. Axsar CLM is a seamless digital signature solution that you have been always wishing for. Draft new contracts, sign them and them to others to collect signatures. Once the contract is signed, we generate a PDF version of the contract along with its full audit history (who viewed/signed at what time and from which IP address) and send it to all signees.

Any new contracts signed using Axsar CLM will be digitally e-sealed with Axsar Ltd digital certificate (only available on paid plans). It means that when you open the contract PDF (generated by Axsar CLM after all signees have signed) in Adobe Reader, it will show the ‘Signature Panel’ and that it has been digitally sealed by Axsar Ltd and validate its authenticity. Once a document has been e-sealed, the contents cannot be tampered with. After this, any modifications to the PDF will be detected by Adobe Reader.

A seal on a document certifies the integrity and origin of documents. An electronic seal, or e-seal, is like a digital version of a seal stamped onto paper documents. It still serves the same function; it’s simply been upgraded for use on digital documents.

Quickly Find Contracts

Instantly find contracts, files & tasks with fast and intuitive search. Stop wasting time browsing through shared drives and folders. Filter by type, contract owner or different custom tags.

Contract Expiring Reminders

Axsar CLM sends you daily and weekly email reminders for expiring contracts up to 60 days in advance so you have ample time to negotiate and renew contracts. Never miss contract renewals and avoid revenue leakage!

Contract Templates

Create most common legal contracts with placeholders as Templates. Use templates to quickly create new contracts at blazing fast speed.

Web and Mobile Apps

Axsar CLM is available as web app and also has mobile apps available for both iOS and Android platforms.
Access your contracts on the go on a mobile or tablet.

Enterprise Grade Security

We use strong encryption, and certified Google powered data-centres.

We host your data in ISO 27001 certified data centres that provide SOC 1, 2, and 3 reports, physical safeguards, redundant networking and power, and 24/7 professional security staff.

Your data is encrypted with 256-bit Advanced Encryption Standard at rest. All connections are secured using TLS with 256-bit encryption.
Pricing

Plans for all sizes

Simple, transparent pricing that grows with you. Try free for 30 days!

Bronze plan

$29.90/month
Ideal for small teams and startups.
This includes...
Access to all basic features (manage contracts, files, tasks, companies, contracts, deals, checklists, etc)
Sign contracts (5 digitally e-sealed/month included; additionally 100 tokens/e-sealed contract)
5 users included
5 GB data and 2500 records
Daily & weekly expiring contracts email reminders
Upload contracts by email
Available on web
Mobile apps for iOS and Android
Manage contract templates and clauses
Custom Fields and List of Values (departments, contract types, etc)
Integrated Anthropic Claude Gen AI
500 tokens for use with Anthropic Claude Gen AI for contract reviews or 100 tokens per digitally e-sealed contracts (additional tokens can be purchased as add on as needed)
Email support
Start Free Trial

Silver plan

$59.90/month
Growing teams up to 10 users.
Everything in our bronze plan plus....
10 users included
10 GB data and 5000 records
Digitally e-sealed contracts (10/month)
1000 tokens
Email support
Start Free Trial

Enterprise plan

Large teams with unlimited users. Please contact us.
Everything in our silver plan plus....
Unlimited custom fields
Unlimited individual users
Unlimited data
Agreed tokens for use with Anthropic Claude Gen AI
Priority email support
Start Free Trial

Bronze plan

$299.90/yr
Ideal for small teams and startups.
This includes...
Access to all basic features (manage contracts, files, tasks, deal, checklists, etc)
Sign new contracts
5 users included
2500 records
5GB storage
500 Tokens for use with Gen AI
Email support
Get started

Silver plan

$590.90/yr
Growing teams up to 10 users.
Everything in our bronze plan plus....
10 users included
5000 records
10GB storage
500 Tokens for use with Gen AI
Email support
Get started

Enterprise plan

$x/yr
Large teams with unlimited users. Please contact us to discuss your needs
Everything in our bronze plan plus....
Unlimited custom fields
Unlimited individual users
Unlimited data
Personalised email support
Get started
Support

FAQs

Everything you need to know about the product and billing. Can’t find the answer you’re looking for? Please contact our team.
Is there a free trial available?
Yes, you can try us for free for 30 days. Our friendly team will work with you to get you up and running as soon as possible.
Can I change my plan later?
Of course. Our pricing scales with your company.
Can I cancel at monthly plan at anytime?
Yes, you can cancel anytime no questions are asked while you cancel but we would highly appreciate if you will give us some feedback. Based on our terms, refunds are not offered. So please evaluate the solution in your 30 days trial before buying.
How are subscription payments handled?
We use Lemon Squeezy LLC (owned by Stripe) to handle all web based subscriptions and it also acts as Merchant of Record.
How does billing work?
Plans are per workspace. You can upgrade one workspace and pay either monthly or yearly
What is a template?
Templates are re-usable contracts, best used for commonly used forms like NDAs, Offer Letters, or Sales Agreements. Set them up once, save them as templates, and reuse the next time you need to create a new contract.

Start your 30-day free trial

Join contract professionals enjoying efficient contract management and preventing revenue leakage with Axsar CLM