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1. Key Features
Contract Creation and Drafting: This feature allows for the creation and drafting of contracts. Many CLM tools, including Concord, include an online contract creator, as well as a contract template feature. Using templates can save a great deal of time and enhances compliance.
Custom Workflow Design: This feature allows you to tailor your contract processes based on your unique business needs. With usability, drag-and-drop interfaces, and transparency in the drafting process, you can seamlessly create contracts with a few simple clicks.
Collaboration and Editing: One of the benefits of a cloud-based contract lifecycle management tool like Concord is the ability to facilitate collaboration and editing. An online editor allows multiple users to make real-time changes and track revisions in contracts.