Whitepaper
Which Legacy Contracts Should You Migrate into Your CLM?
Migrating legacy contracts into a new CLM system doesn’t mean moving every historical document you own. Indiscriminately migrating all contracts inflates project costs, delays implementation, and fills your system with low-value data. A successful rollout requires prioritizing high-value agreements and aligning data extraction with actual business needs.
Key Takeaways
Categorize your contract portfolio into distinct risk and value tiers.
Determine true active status by analyzing complex renewal terms and post-termination obligations.
Prioritize high-impact agreements using financial spend data and stakeholder input.
Tailor metadata extraction depth directly to the commercial value of each contract class.
Control implementation costs and accelerate time-to-value with a phased migration strategy