Conga Contracts for Salesforce
Streamline your contract processes, reduce costs, and decrease time to revenue.
Contracts are vital, yet many companies still rely on outdated, manual processes that cause delays and errors.
Using a Contract Lifecycle Management tool like Conga Contracts for Salesforce saves time, reduces legal costs, and speeds up contract completion.
Key Benefits of Conga Contracts
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Conga Composer, Conga’s flagship product, allows you to quickly and easily generate a contract with the click of a button in Salesforce. Prior to implementing Conga Contracts, organizations estimated that they spent an average of 12 hours on the creation of a single contract. With Conga, organizations cut that time down to just 1-2 hours.
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In addition to its workflow capabilities, Conga Contracts also offers a clause library where standard terms and conditions can be stored and easily accessed, reducing the time required for legal teams to draft and approve contracts with standard terms. Forrester’s TEI report estimates a 3-year savings of $437k on in-house legal teams.
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Streamlining your contract processes with some of the aforementioned functionality can significantly speed up the time it takes from contract generation through contract execution. With Conga Contracts, revenue related to contracts has the potential to increase from a 6% annual growth rate to 14%.
Why choose Mphasis Silverline?
With deep Salesforce implementation expertise and a close partnership with Conga, Mphasis Silverline is uniquely positioned to help you get up and running with a Conga Salesforce solution. This includes:
- A single contract repository within Salesforce where contracts can easily be uploaded, generated, and searched
- Contract templates to allow for quick and easy generation of contracts from within Salesforce
- Designed and configured workflows to streamline your contract processes from start to finish
- A clause library where standard terms and conditions can be automatically stored, referenced, and modified
- The ability to create reports and dashboards to identify contract bottlenecks, the average duration from contract generation to execution, and more
