Key Insights
4 new Conga CLM features turn contracts into assets
Custom dashboards combine CLM, AI, and CPQ data
AI metrics hub tracks extraction accuracy in real time
Obligation management automates tracking, assignees, and fulfillment
Contracts hold critical insights that can shape business strategy and when managed effectively, contracts become dynamic tools for driving compliance, reducing risk, and accelerating revenue. By unlocking the data within contracts, organizations gain visibility into obligations, performance metrics, and opportunities that drive smarter decision-making.
Why Traditional Contract Management Fails: Risks and Missed Opportunities
Contracts form the foundation of business relationships, yet many organizations view them as static documents. This limits effective risk management and compliance, slowing procurement, and sales deals. In a rapidly changing environment, manual processes can lead to missed opportunities and increased risks, impacting revenue, cost, and competitiveness.
How Conga CLM’s New Features Transform Contracts Into Strategic, Ai-Driven Assets
Conga CLM redefines contracts as proactive, AI-driven assets that provide insights related to obligations, compliance with new regulations, and risk indicators.
Here are a few key enhancements we launched to improve your contract management:
Custom Analytics Dashboards for Informed Decision-Making
In addition to the out-of-the-box procurement and contract management dashboards, our new custom dashboard creation and cloning tools allow you to create views that integrate data from CLM, AI, and even CPQ all in one place.
- Monitor key metrics. Track business and industry specific KPIs, compliance, obligations, supplier cost vs. contracts, terminations and renewals, identify quote-to-cash discrepancies in real time.
- Identify issues early. Spot trends before they affect your business.
- Save time. Clone dashboards for consistent reporting, freeing up valuable hours.
AI Metrics for Confidence and Control
When contracts are treated as static documents, organizations lose the ability to measure and optimize performance. By transforming contracts into data, Conga turns them into strategic assets, and our new metrics hub is a prime example, providing a dashboard that tracks AI extraction accuracy, AI related KPIs, and risk indicators in real time. With interactive charts, filters, and trend analysis, raw contract data becomes intelligence that drives better decisions.
- Gain visibility: Monitor AI performance and contract health across your portfolio.
- Improve AI training: Identify gaps and optimize extraction for greater accuracy.
- Reduce risk: Detect clause language issues before they impact deals.
Improved Collaboration and Oversight
Tracking team involvement and keeping stakeholders updated is a common challenge in contract management. Conga solves this by enabling role-based permissions, workflow collaboration, and real-time notifications.
- Boost collaboration: Align legal, procurement, and sales teams with shared visibility.
- Maintain oversight: Notifications and tracking ensure everyone stays informed.
- Audit trails provide transparency and accountability across the contract lifecycle.
Obligation Management and Fulfillment Assurance
Incomplete obligation workflows and lack of visibility lead to compliance gaps and missed deadlines. Obligation Management in Conga CLM for Salesforce automates tracking and fulfillment, turning obligations into actionable insights. In addition to identifying obligations and due dates, you determine assignees and reviewers, ensuring that every commitment is monitored and verified.
- Improve compliance: Automated workflows reduce risk and ensure obligations are met.
- Enhance accountability: Clear tracking and proof of fulfillment keep internal and external stakeholders aligned.
- Leverage insights: Obligation data feeds into dashboards for proactive risk management.
The Bottom Line: Unlock Contract Intelligence to Drive Compliance, Reduce Risk, and Accelerate Growth
Contracts are vital connectors within your business, not just legal documents. With Conga CLM, you can transform contracts into sources of insight and growth. Our enhancements help you gain deeper insights and act with agility in today’s fast-paced marketplace.
Interested in how these new features can improve your contracting process?
Frequently Asked Questions
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What is contract intelligence and why does it matter?
Contract intelligence is the practice of turning contract data into insight you can act on: obligations, performance metrics, compliance status, and risk indicators. When contracts are treated as static documents, that data stays locked away, which limits risk management and slows down procurement and sales. Turning contracts into structured, AI-driven assets gives teams visibility into what's actually in their agreements and what to do about it.
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What new features did Conga add to CLM?
4 main enhancements: custom analytics dashboards that combine data from CLM, AI, and Configure, Price, Quote (CPQ) in one place; an AI metrics hub that tracks extraction accuracy and risk indicators in real time; improved collaboration through role-based permissions and real-time notifications; and Obligation Management that automates tracking, assigns owners, and verifies fulfillment.
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How do the custom analytics dashboards work?
Alongside the out-of-the-box procurement and contract management dashboards, the new tools let you create and clone custom views that pull data from CLM, AI, and CPQ together. You can track business and industry-specific KPIs, compliance, obligations, supplier cost versus contracts, and renewals, and spot quote-to-cash discrepancies in real time. Cloning dashboards keeps reporting consistent and saves setup time.
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What does the AI metrics hub do?
It gives you a dashboard to monitor how your AI is performing across your contract portfolio. You can track AI extraction accuracy, AI-related KPIs, and risk indicators in real time, with interactive charts, filters, and trend analysis. That visibility helps you spot gaps, improve extraction accuracy over time, and catch clause language issues before they affect deals.
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How does obligation management in Conga CLM improve compliance?
Obligation Management in Conga CLM for Salesforce automates the tracking and fulfillment of contractual commitments. Beyond identifying obligations and due dates, you assign owners and reviewers so every commitment is monitored and verified. Automated workflows reduce the risk of missed deadlines, clear tracking keeps internal and external stakeholders aligned, and the obligation data feeds into dashboards for proactive risk management.
