Procurement & contracts: a winning combo
There's power in purchasing. Unlock it by managing your contracts effectively from negotiation to deadline monitoring.
Contract in the AI era
At Tomorro, we believe in a future where artificial intelligence revolutionises the legal world by freeing companies from traditional constraints. Automating contract management will allow teams to focus on what's important: innovation and strategy. Humans and AI open up new perspectives. Let's build that future together.
All your purchase contracts in one place
Store all your purchasing contracts on a secure platform and quickly access the procurement data you need to do your job better.
Keep control with approval workflows
Track the progress of purchase contracts as you move through the purchasing process.
The 2024 guide for optimal contract management
Streamline your procurement process
Get real-time visibility on contract signature times and quick access to all agreements.
Start today, deploy next week
From the outset, we designed Tomorro to be simple and flexible, to suit every need.
Set up the basic functions of your Tomorro account in just a few minutes.
Our team will assist you in setting up your contract library and your contract templates.
Your account is ready and you can now invite your collaborators to use Tomorro autonomously.
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How does Foodles optimise its legal and commercial efficiency with tomorro?
designed for the entire company
Ressources
Improving the client experience as an in-house legal team
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5 questions to communicate your leadership style for legal team success
Do you have any questions?
What is contract management?
The management of legal contracts, or contract management, is a skill that requires mastery of all the stages in the life of a contract: negotiation, conclusion, the launch phase with operational staff, the performance of reciprocal obligations, the management of disputes and the end of the contract. Often relegated to second place, it is nevertheless one of the keys to controlling a company's growth. And yet, according to IACCM studies, poor management results in a 9.2% loss of revenue every year.
The necessary transformation of corporate contract management
The legal department is often undersized. In other words, it is difficult for them to keep up. The proliferation of regulations and the instantaneous nature of exchanges mean that contractual pressure is very high, especially as lawyers are everywhere. They manage supplier contracts, customer contracts and service provider contracts. Whatever the size or number of agreements signed, the legal department is constantly involved, and the data it has to monitor is exponential.To limit the risk of legal breaches and eliminate time-consuming administrative tasks, legal departments are no longer hesitating to review their organisation. In fact, 78% of them are planning to continue digitising their processes.
The benefits of legal contract management software
Contract management software is the perfect answer to the needs of legal professionals, since a dashboard-based management system is ideal for filing all the legal documents during the various life cycles of a contract and for centralising all the data or any changes.Above all, the legal department finally has an overview of all the contractors who are involved, directly or indirectly, in the contracts signed by the company (suppliers, subcontractors, service providers, partnerships, etc.).Finally, management software gives employees a sense of security. With deliverables tracked throughout the company, everyone involved has the same level of knowledge of the situation on the ground. As a result, claims handling is made easier, and centralised data means that any clause can be found quickly. Contract management software has become a powerful business lever thanks to greater legal certainty, controlled empowerment of operational staff and an exhaustive overview.
