Summize for Procurement Teams
From pre- to post-signature management, Summize helps procurement teams streamline, accelerate and track contracts throughout their lifecycle with smart, allocated workflows.
Simplified contracting for versatile procurement teams
With businesses managing up to 50,000 contracts each year, queries from commercial teams to in-house legal departments are causing delays and bottlenecks in cycles and a backlog in requests which stalls revenue generation and negotiation cycles. But not with Summize.
Your Summize Contract Lifecycle Management (CLM) solution integrates with Outlook, Microsoft Teams, Slack and more, allowing procurement teams to create contracts, raise issues and receive self-service guidance all within the native chat experience.
This collaboration experience is controlled and configured by your legal team, for your own triage processes, workflows, contract clauses and contractual positions to facilitate faster negotiation cycles and shorter contract cycles.
- Pre-approved templates
- Shorter contract cycles
- Advanced self-service capabilities with dynamic responses
- Automatic extraction of key dates with built-in email reminders
- A centralised location for all legal requests
- Standardised procedures for contract negotiation and management
- Attach all file types to contracts in Summize, ensuring a full audit trail
CLM benefits for procurement teams
Faster contract cycles
Accelerate your contract creation and review cycles with a faster, more consistent and more efficient contract workflow.
Use Summize within Microsoft Teams or Slack, for easy-to-use self-serve contract tasks across the whole lifecycle.
No code, no limitations
Summize is simple to use and manage. Seamlessly track spend, key dates, and obligations across your document portfolio, regardless of contract type.
Simplify and accelerate the entire contract lifecycle and make your contract processes relevant to the entire business.
Improve your compliance
Ensure every contract follows both legal and company compliance. With Summize's contextual Q&A, have access to real time responses without legal intervention using a set of pre-approved legal questions and templates.
Ensure consistency and risk visibility across your contract portfolio and use Summize's analytics to track KPIs.
Instantly find the contract information you need
Store your contracts in your dynamic contract repository, alongside any related files, accessed via a simple search.
With Summize’s intelligent summaries and automatic insights, enable your procurement team to quickly access key information, helping them make better decisions based on risk and opportunity.
Hear it from our customers...
"Reporting on our contracts is so important here at Huel. Searching for contracts used to take hours before Summize. Now it takes less than two minutes."
Build your CLM business case
Ready to see how Summize's CLM solution can meet the needs of your procurement team?
Download our guide to building a CLM business case and learn how to secure buy-in from key stakeholders and justify CLM with strong ROI models and project plans specific to your procurement objectives.
See Summize in Action
Ready to experience Summize? See how your procurement team can accelerate your contracting processes and enable more-informed business decision making.
3 reasons to book a demo with Summize:
Our CLM integrates with your existing tech stack
Automate repetitive, manual contract tasks
Manage the end-to-end contract lifecycle