From unorganized structure to a defined digital mode of managing contracts
It is not often that companies awaken to the stark realization of maintaining a sound contract management system until revenues are lost, opportunities or milestones are missed on account of poor management of contracts. The conventional systems, due to their inherent inadequacies, were limited and incapable of appropriately addressing these issues. This led to the development of the current advanced systems.
Brightleaf along with its partners provides one such solution to meet end-to-end contract management needs which includes classification of contracts, extraction of key data elements, loading them on a CLM, and ongoing management of contracts on the CLM system.
The word ‘contract migration’ itself means moving to a more evolved operating system. Brightleaf with its highly sensitive artificial intelligence, optical character recognition, and natural language processing technology overcomes the challenges posed to the organizations having no or an obsolete system of managing and organizing existing and legacy contracts
Download our latest strategy brief on “7 Reasons to load your legacy contracts into a new CLM system”.

Contract Data Migration
Migration using a sophisticated process, like that of Brightleaf, will chiefly yield the following benefits to you:
✓ Single and unified repository
✓ Identification and mitigation of risks
✓ Better informed decisions
✓ Management reporting
✓ Insight into key provisions at fingertips
✓ Compliance
✓ Access to all financials in one place from multiple concurrent locations