--- title: How CLM Benefits Other Teams description: CLM software is the great collaborator inside businesses. Even without being a daily user, others gain value. Learn how CLM software benefits other teams. image: https://blog.linksquares.com/hubfs/Copy%20of%20General_Thumbnail%20(1)-Feb-23-2023-02-52-22-2690-PM.png --- [Skip to content](https://blog.linksquares.com/how-clm-benefits-other-teams#main-content) [LinkSquares](https://blog.linksquares.com/) Open Mobile Menu [LinkSquares](https://linksquares.com/) Close Mobile Menu [Why LinkSquares](https://linksquares.com/why-linksquares/) [Products](https://linksquares.com/products/) --- [The LinkSquares Cloud One platform for all your in-house legal needs](https://linksquares.com/products/linksquares-cloud/) --- Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Cross-product capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started today --- [Solutions](https://linksquares.com/solutions/) [Customer Stories](https://linksquares.com/customers/) Resources Content [LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/) In the studio [Demo Library](https://linksquares.com/demo-library/) Community & Events [Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/) Learning [Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/) [Events](https://linksquares.com/events/) [About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Press](https://blog.linksquares.com/tag/linksquares-news-press) [Pricing](https://linksquares.com/pricing/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Contract Lifecycle Management](https://linksquares.com/products/) [Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Legal Project Management](https://linksquares.com/products/) [Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [LinkAI Predictive and generative AI](https://linksquares.com/products/analyze/features/ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? We can help!](https://linksquares.com/services/) [Support Get answers to all of your technical questions](https://linksquares.com/contact-us/) [Request a demo](https://linksquares.com/demo-request/) [LinkSquares](https://linksquares.com/) - [Why LinkSquares](https://linksquares.com/why-linksquares/) - Products ![](https://images.ctfassets.net/a3hff24q6nt8/104udRs2GzBis3lVOIsQfq/24c371c6c0463777709a98a8bd89cc8c/Image.png) Introducing: Agentic AI for Contract Management Search, edit, and create contracts like never before. [Learn more](https://linksquares.com/agentic-ai/) Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Unified Capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started quickly [Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/) [Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/) [LinkAI Predictive and generative AI](https://linksquares.com/ai/) [Agentic AI Smarter contracting with a multi-agent approach](https://linksquares.com/agentic-ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/) [Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? We can help!](https://linksquares.com/services/) [Support Get answers to all of your technical questions](https://linksquares.com/contact-us/) - Solutions Use Cases [Crisis Management](https://linksquares.com/solutions/crisis-management/) [Contract Review](https://linksquares.com/solutions/contract-review/) [Contract Storage](https://linksquares.com/solutions/contract-storage/) [Data Privacy & Compliance](https://linksquares.com/solutions/data-privacy-compliance/) [Deal Acceleration](https://linksquares.com/solutions/deal-acceleration/) [Mergers & Acquisitions](https://linksquares.com/solutions/fundraising-and-ma/) [Vendor Management](https://linksquares.com/solutions/vendor-management/) --- DEPARTMENTS [Legal](https://linksquares.com/solutions/linksquares-for-legal/) [Procurement](https://linksquares.com/solutions/linksquares-for-procurement/) [Sales](https://linksquares.com/solutions/linksquares-for-sales/) - Resources Content [LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/) Community & Events [Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/) In the studio [Demo Library](https://linksquares.com/demo-library/) Learning [Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/) [![](https://blog.linksquares.com/hubfs/Navigation/website-menu-navigation-hs-risk-scoring.png)](https://linksquares.com/events/product-spotlight-webinar-risk-revolution/) - Company [About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Events](https://linksquares.com/events/) [Partner Program](https://linksquares.com/partners/) [Press](https://blog.linksquares.com/tag/linksquares-news-press) - [Pricing](https://linksquares.com/pricing/) - [Login](https://app.linksquares.com/) - [Request a demo](https://linksquares.com/demo-request/) ![clm software](https://blog.linksquares.com/hs-fs/hubfs/Copy%20of%20General_Header%20(1)-Feb-23-2023-02-49-16-5793-PM.png?width=575&name=Copy%20of%20General_Header%20(1)-Feb-23-2023-02-49-16-5793-PM.png) [Alyssa Verzino](https://blog.linksquares.com/author/alyssa-verzino) Feb 23, 2023 7 min read # How CLM Benefits Other Teams While [Contract Lifecycle Management (CLM)](https://blog.linksquares.com/the-business-case-for-clm) software is a big help to overburdened legal teams everywhere, you unlock its full potential when you bring in other departments. CLM software helps legal track and manage contracts, maintain compliance, and store agreements in a centralized, easily accessible location. It also helps change the company’s perspective of legal from silo to collaborative business unit. The tool provides the entire business with visibility into contracts: their status, successes, and obligations.  This is important to note when making the business case for CLM. Even without being a daily user of the tool, other departments, team leaders, and executives all gain value from the tool. Let’s cover a few prime examples.  ## Provides High Level Business Metrics for the CEO CEOs make crucial decisions daily. And just like [America runs on Dunkin’](https://news.dunkindonuts.com/news/dunkin-donuts-launches-new-advertising-campaign-america-runs-on-dunkin-sm), businesses run on data.  Without data, it’s impossible to measure performance and make informed decisions. While some businesses may be content playing guessing games about what’s working and what isn’t, setting up benchmarks and measuring your performance against it is the smart approach. Otherwise, your business strategy effectively amounts to crossing your fingers and wishing on a star.  Contract Lifecycle Management software provides businesses with key data points for benchmarking and metrics to measure effectiveness. Specifically, CLM data provides insight into the average contract value within a certain industry vertical, how many contracts you executed over a period of time, and approximately how long each takes to finalize. These metrics provide CEOs with the data they need to make hiring decisions, give input on sales territories, and appeal to investors during funding rounds.  ## Contract Creation Made Easy for Sales Understandably, legal teams want to hold the reins of contract creation. Having final say over the agreements coming in and out of the business is a strong way to reduce your company’s risk profile. But that also reduces sales velocity. If legal had to draft and review every single contract, regardless of value or terms,  there’s no way the company would hit its targets without legal facing serious burnout. Fortunately, CLM makes contract creation easy for sales teams. Legal can generate pre-approved terms and contract templates, and set parameters around which contracts can be edited. It’s a win-win, legal ensures that the contracts going out protect the interest of the business, and sales has the autonomy they need to run deals. Bonus: You don’t have to worry that there are contracts in the wild with unapproved language. [![Boost Your Legal Team's Reputation ](https://no-cache.hubspot.com/cta/default/6934676/b18dc133-c6b6-4a7f-accb-0693f5a6bd4d.png)](https://cta-redirect.hubspot.com/cta/redirect/6934676/b18dc133-c6b6-4a7f-accb-0693f5a6bd4d) ## Helps Marketing Maintain Updated Terms and Conditions As regulations pass and businesses need to comply, website terms and conditions will need to be updated. Though the website is f the marketing team’s domain, the content of the terms and conditions is squarely in legal’s wheelhouse. And having the marketing team keep track of the versions of terms and where on the site they live invites unnecessary risk. Thankfully, legal and marketing can easily collaborate using technology. Since legal has their finger on the pulse of legislations and regulations, they can determine a cadence for making substantive updates to the website terms. Then using this same cadence, marketing teams can update the site, having full confidence that they are uploading the correct version of the terms and conditions with CLM.  ## Reduces Manual Workload Contracts can be fickle and time-consuming. Since much of your legal team’s work includes reading, assessing risk, and writing, one difficult contract can majorly derail productivity.  If, for example, a sales rep cloned an old contract and sent it to legal for final approval, that contract might not have the most up-to-date language, and could even include some terms that are detrimental to the overall business.  As a result, in-house counsel will have to spend valuable time rewriting the agreement and including the necessary terms. Then they’d have to go through a tedious redlining process — one that may be even more tedious if they didn’t do their due diligence in drafting the contract in the first place — and that can take weeks, or months in a worst-case scenario. But with the power of a CLM behind them, legal teams can automate the tedious parts of the contract process. In addition to automatically generating contracts, a powerful CLM like LinkSquares can have AI take a first pass at contracts, leaving the more complex and nuanced parts to human legal professionals. You can also create a workflow based on the contract type and the approval process that is specific to your business. A process that once took several weeks can now be completed in a few hours.  ## Takeaways A CLM solution is the great collaborator inside businesses. Many teams run the risk of operating in silos, but with CLM software, each team has insight into what the other is doing. This is key to improving cross-functional alignment, giving your business a competitive edge.  Want to see it in action? [Request a demo](https://go.linksquares.com/demo-request) today.  ![avatar](https://blog.linksquares.com/hs-fs/hubfs/alyssa%20.jpeg?width=290&name=alyssa%20.jpeg) #### [Alyssa Verzino](https://blog.linksquares.com/author/alyssa-verzino) Alyssa Verzino is a Senior Content Marketing Manager at LinkSquares. ## Subscribe to the LinkSquares Blog Stay up to date on best practices for GCs and legal teams, current events, legal tech, and more. ## Related Articles ### [Alyssa Verzino Feb 01, 2023 8 min read Why Legal Needs the Best OCR Software So, you’ve grown tired of seeing your legal team cry into their coffee and have finally decided that contract management ... Start Reading](https://blog.linksquares.com/why-legal-needs-the-best-ocr-software) ### [LinkSquares Team Jul 09, 2021 3 min read Integration Can Make or Break Your CLM Solution's Success Modern Contract Lifecycle Management (CLM) solutions offer a host of stunning features that can revolutionize the productivity ... Start Reading](https://blog.linksquares.com/integration-for-clm-solution-success) ### [Alyssa Verzino May 02, 2022 6 min read 4 Key Benefits of CLM Software Contract Lifecycle Management (CLM) software helps legal teams organize their agreements, increase productivity, and position ... Start Reading](https://blog.linksquares.com/benefits-clm-software) - [Products](https://linksquares.com/products) - [LinkSquares Cloud](https://linksquares.com/products/linksquares-cloud/) - [Prioritize](https://linksquares.com/products/prioritize/) - [Finalize](https://linksquares.com/products/finalize) - [Sign](https://linksquares.com/products/sign) - [Analyze](https://linksquares.com/products/analyze) - [Full Suite](https://linksquares.com/products) - [Integrations](https://linksquares.com/integrations) - [Reporting](https://linksquares.com/products/analyze/features/dashboard/) - [API](https://linksquares.com/integrations/linksquares-api/) - [LinkAI](https://linksquares.com/ai/) - [Agentic AI](https://linksquares.com/agentic-ai/) - [Services](https://linksquares.com/services/) - [Solutions](https://linksquares.com/solutions) - [Crisis Management](https://linksquares.com/solutions/crisis-management/) - [Contract Review](https://linksquares.com/solutions/contract-review/) - [Contract Storage](https://linksquares.com/solutions/contract-storage/) - [Data Privacy & Compliance](https://linksquares.com/solutions/data-privacy-compliance/) - [Deal Acceleration](https://linksquares.com/solutions/deal-acceleration/) - [Mergers & Acquisitions](https://linksquares.com/solutions/fundraising-and-ma/) - [Vendor Management](https://linksquares.com/solutions/vendor-management/) - Departments - [Legal](https://linksquares.com/solutions/linksquares-for-legal/) - [Procurement](https://linksquares.com/solutions/linksquares-for-procurement/) - [Sales](https://linksquares.com/solutions/linksquares-for-sales/) - [Resources](https://linksquares.com/library) - [LinkSquares+](https://linksquares.com/plus) - [Blog](https://blog.linksquares.com/) - [Cockpit Counsel](https://linksquares.com/cockpit-counsel-series) - [Customer Stories](https://linksquares.com/customers) - [Demo Library](https://linksquares.com/demo-library) - [Events & Webinars](https://linksquares.com/events) - [In-House Insights](https://linksquares.com/inhouse-insights/) - [Knowledge Base](https://help.linksquares.com/) - [The Library](https://linksquares.com/resources) - Company - [About Us](https://linksquares.com/about-us) - [Careers](https://linksquares.com/careers) - [Contact Us](https://linksquares.com/contact-us/) - [Onboarding](https://linksquares.com/onboarding-services/) - [Partner Program](https://linksquares.com/partners) - [Pricing](https://linksquares.com/pricing/) - [Press](https://blog.linksquares.com/tag/linksquares-news-events) - [Recognition](https://linksquares.com/recognition/) - [Support](mailto:support@linksquares.com) - [Why LinkSquares](https://linksquares.com/why-linksquares/) #### LINKSQUARES, INC. 60 State St. Suite 1200 Boston, MA 02109 [617-681-8552](tel:617-681-8552) [salesinfo@linksquares.com](mailto:salesinfo@linksquares.com) © 2026 LinkSquares, Inc. - [SaaS Terms of Service](https://linksquares.com/saas-terms-of-service/) - [Privacy](https://linksquares.com/privacy-policy/) - [Security](https://linksquares.com/security/) - [Status](https://linksquares.statuspage.io/) - [Your Privacy Choices](https://go.linksquares.com/linksquares-do-not-sell-or-share-personal-data) - ![aicpa soc 2](https://blog.linksquares.com/hs-fs/hubfs/soc2_66933e61%20copy.png?width=100&height=100&name=soc2_66933e61%20copy.png) - ![barr certification](https://blog.linksquares.com/hs-fs/hubfs/Frame%201921.png?width=129&height=57&name=Frame%201921.png) ```json { "@context" : "http://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "United States", "addressLocality" : "Boston", "addressRegion" : "MA", "postalCode" : "02109", "streetAddress" : "60 State Street" }, "knowsLanguage" : "en", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares", "url" : "https://blog.linksquares.com/how-clm-benefits-other-teams" } ``` ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "abstract" : "CLM software is the great collaborator inside businesses. Even without being a daily user, others gain value. Learn how CLM software benefits other teams.", "author" : { "@type" : "Person", "name" : "Alyssa Verzino" }, "dateModified" : "2023-02-23T14:55:24Z", "datePublished" : "2023-02-23T14:55:24Z", "headline" : "How CLM Benefits Other Teams", "image" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Copy%20of%20General_Thumbnail%20%281%29-Feb-23-2023-02-52-22-2690-PM.png", "inLanguage" : "en", "keywords" : "[Legal Tech & Trends]", "mainEntityOfPage" : { "@type" : "WebPage" }, "name" : "How CLM Benefits Other Teams", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares" }, "text" : "While Contract Lifecycle Management (CLM) software is a big help to overburdened legal teams everywhere, you unlock its full potential when you bring in other departments. CLM software helps legal track and manage contracts, maintain compliance, and store agreements in a centralized, easily accessible location. It also helps change the company’s perspective of legal from silo to collaborative business unit. The tool provides the entire business with visibility into contracts: their status, successes, and obligations. This is important to note when making the business case for CLM. Even without being a daily user of the tool, other departments, team leaders, and executives all gain value from the tool. Let’s cover a few prime examples. Provides High Level Business Metrics for the CEO CEOs make crucial decisions daily. And just like America runs on Dunkin’, businesses run on data. Without data, it’s impossible to measure performance and make informed decisions. While some businesses may be content playing guessing games about what’s working and what isn’t, setting up benchmarks and measuring your performance against it is the smart approach. Otherwise, your business strategy effectively amounts to crossing your fingers and wishing on a star. Contract Lifecycle Management software provides businesses with key data points for benchmarking and metrics to measure effectiveness. Specifically, CLM data provides insight into the average contract value within a certain industry vertical, how many contracts you executed over a period of time, and approximately how long each takes to finalize. These metrics provide CEOs with the data they need to make hiring decisions, give input on sales territories, and appeal to investors during funding rounds. Contract Creation Made Easy for Sales Understandably, legal teams want to hold the reins of contract creation. Having final say over the agreements coming in and out of the business is a strong way to reduce your company’s risk profile. But that also reduces sales velocity. If legal had to draft and review every single contract, regardless of value or terms, there’s no way the company would hit its targets without legal facing serious burnout. Fortunately, CLM makes contract creation easy for sales teams. Legal can generate pre-approved terms and contract templates, and set parameters around which contracts can be edited. It’s a win-win, legal ensures that the contracts going out protect the interest of the business, and sales has the autonomy they need to run deals. Bonus: You don’t have to worry that there are contracts in the wild with unapproved language. Helps Marketing Maintain Updated Terms and Conditions As regulations pass and businesses need to comply, website terms and conditions will need to be updated. Though the website is f the marketing team’s domain, the content of the terms and conditions is squarely in legal’s wheelhouse. And having the marketing team keep track of the versions of terms and where on the site they live invites unnecessary risk. Thankfully, legal and marketing can easily collaborate using technology. Since legal has their finger on the pulse of legislations and regulations, they can determine a cadence for making substantive updates to the website terms. Then using this same cadence, marketing teams can update the site, having full confidence that they are uploading the correct version of the terms and conditions with CLM. Reduces Manual Workload Contracts can be fickle and time-consuming. Since much of your legal team’s work includes reading, assessing risk, and writing, one difficult contract can majorly derail productivity. If, for example, a sales rep cloned an old contract and sent it to legal for final approval, that contract might not have the most up-to-date language, and could even include some terms that are detrimental to the overall business. As a result, in-house counsel will have to spend valuable time rewriting the agreement and including the necessary terms. Then they’d have to go through a tedious redlining process — one that may be even more tedious if they didn’t do their due diligence in drafting the contract in the first place — and that can take weeks, or months in a worst-case scenario. But with the power of a CLM behind them, legal teams can automate the tedious parts of the contract process. In addition to automatically generating contracts, a powerful CLM like LinkSquares can have AI take a first pass at contracts, leaving the more complex and nuanced parts to human legal professionals. You can also create a workflow based on the contract type and the approval process that is specific to your business. A process that once took several weeks can now be completed in a few hours. Takeaways A CLM solution is the great collaborator inside businesses. Many teams run the risk of operating in silos, but with CLM software, each team has insight into what the other is doing. This is key to improving cross-functional alignment, giving your business a competitive edge. Want to see it in action? Request a demo today.", "url" : "https://blog.linksquares.com/how-clm-benefits-other-teams", "wordCount" : "1026" } ```