Contract Lifecycle Management Services

1. Contract Life Cycle Management AEREN LPO transforms your contracts to deliver the best business outcomes. We work hand in hand with your in-house counselsin creating a streamlined Contract Lifecycle Management (CLM) to increase the usability, credibility, and the actual life of the contracts without losing sight. AEREN LPO Contract Life Cycle Management Begins with Request by the submission of Request Form in getting the work started and initiating a request. Once the initiation is approved, next begins the drafting of the contract by our talented in-house contract drafting team with the required legal language, including T&Cs and other clauses necessary to be incorporated in the said draft. The draft of the contract passes onto negotiation from the involved parties to finalize on the changes proposed by each party. On reaching a successful negotiation after rounds of redlining and discussion, the contract is approved to carry on the execution. The contracts are signed by both the parties and rolled out to the concerned stakeholders to the purpose it serves to. AEREN LPO contract management expands to monitoring and evaluating on regular intervals for fulfillment on obligationsin specified timelines or other conditions mentioned in the active contracts. Along with obligations being a part of the contract actively serving, the contract periodically undergoes compliance checks for new/changed/updated regulations of the organization and the governments. At the nearing of the contract term, the contract is recommended for amendments or renewals. The notifications and status provided in the CLM tool ensures that the renewals and other timelines of contracts are not missed. The CLM tool keeps all your contracts being taken care of completely without the ordeal of manually being responsible for remembering every single data of all your contracts.