LexKontract is a Contract Lifecycle Management System (CLM) by LEXCOMPLY. It is a customizable approval workflow engine to automate various stages of a contract starting from draft to review to approval. Maximise your operational and financial performance while reducing business risk with a user-friendly interface, powered by a powerful engine and complete audit trail.
Centralised repository of contract documents with relevant data to search and analyse.
Alerts and Notifications to manage timelines for commitments, terms and key provisions.
A full text and advanced search functionality to quickly find related set.
Ability to electronically sign contract documents by both the parties.
Create new contracts in lifecycle or digitise existing contracts for record purposes.
Review contract dashboards and develop reports based on metadata and data of the new contracts.
Create or upload templates to implement clause libraries and reuse in a flexible manners
Ability to manage contract lifecycle with simple and secured dynamic workflows for review and approval
Create addendums or use cloning of existing contracts for quick renewal.
Bulk upload using Excel and PDFs. Digitise existing contracts in a jiffy.
Contract termination feature to safely end and intimate parties involved.
Compare any two versions or contracts with change highlights
Lexkontract software is designed to completely automate your contract lifecycle process.
Storing all files in one digital repository, allows for digitisation and management reporting.
Audit preparation is smooth with dynamic role mapping and an advanced search functionality.
Leverage the extensive audit capabilities with advanced data encryption mechanism on AWS.
Reminders for contracts nearing expiry with ability to easily sign contract documents electronically.
Ensure compliance by creating new contracts in standard lifecycle or digitise existing Contracts.
Review performance and develop reports based on metadata and data of the new system.
Standardize your contracts based on types, templates and existing governance structure.