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CLM's Contract Negotiation Space provides a variety of options to create and manage contracts, including the ability to redline content, create alerts, control the confidentiality of a contract, and maintain revisions. You can also edit your contracts offline, using Microsoft Word ®.
Administrators configure CLM to simulate the approval process that your organization uses to progress a contract from start to finish. Once the approval process is configured, CLM automatically progresses the contract through various stages based on the configuration.
To create a new contract, select New Contract on the side panel: