How is CM Pro sold with LSD
As an add on SKU
Which workflow requires the contract to be manually tagged when sent for eSignature?
Third Party Workflow
When will Now Assist (AI) be introduced with CM Pro?
November 7th
What is the benefit of Contract Templates?
What does it mean if a Product Name does not exist for an Opportunity?
No quote has been created
How is CM Pro sold with SOM and SPO?
As unique bundled SKUs with the parent products
Is contract generation limited to English only?
No. CM Pro supports contract generation in all 24 platform supported languages. All contracts and clauses must be in the desired language.
What languages does AI Assisted Contract Review support?
English only
What is the benefit of storage?
Centralized repository for all completed contracts where ServiceNow search can be used to find text within a contract or contracts with relevant metadata.
What are important Account attributes to include in a report?
Account, Opp Number, Industry, Segement, ACV, SKU name, Meter type, Business Unit, Forecast Category, and Forecasted Close Date
LSD or LSD Basic
What is CM Pro's Clause Library used for?
Authoring of contracts
What file formats does AI Assisted Contract Review support?
What is the benefit of Obligation Management?
mitigate compliance risks; strengthen business relationships; drive operational efficiency
The legal BU recognizes ___% of the ACV as a ___ allocation when the SOM or SPO bundled SKUs are sold.
20; soft
Which SKU does the Legal BU have discount approval rights to?
CM Pro add-on SKU
Can legacy contracts be added to CM Pro? If yes, how?
Yes. Metadata can be uploaded via CSV. Documents will require an Admin to write and run a script.
What file formats does AI Assisted Metadata Extraction support?
PDF only
What is the benefit of AI Assisted Metadata Extraction?
Reduce administrative time for contract managers; improve completeness and accuracy of metadata
True or False - Using the ProductFamily3 filter gives the full CM Pro pipe
False; pipeline needs to include Opps filtered by the CM Pro SKUs PLUS Opps filtered by the Opp name that uses CLM/CM Pro/Contract Management Pro in the name.
Who retires quota in each of theses scenarios:
1. CM Pro add-on SKU
2. SOM+CM Pro bundled SKU
3. SPO+CM Pro bundled SKU
1. EWF
2. CIWF
3. FSC and CIWF
Which solution uses a record producer?
LSD + CM Pro
What languages does AI Metadata Extraction support?
English only
What is the benefit of AI Assisted Contract Review?
Improved contract turnaround time; speed up the contract review; mitigate risk from inconsistent language