FAQS
It is the ongoing check that both sides are actually doing what a signed contract requires - obligations met, deadlines hit, required language present. TeamSync extracts those dates and terms at signing and monitors them against the live record rather than a spreadsheet.
Only if the two can stay in sync. A standalone CLM creates a second silo, so contracts live apart from the records they reference and each system carries its own audit trail. TeamSync runs the contract lifecycle on the same repository and the same trail.
Renewal, notice-period and obligation dates are extracted at signing and drive alerts, review notifications and escalation rules ahead of each deadline, so an obligation surfaces before it lapses rather than after.
Risk scanning reads the whole portfolio, not just new contracts, flagging indemnification, liability and missing-language issues and linking each flag to the compliance policy it breaches, so review runs continuously instead of at renewal.
Pricing depends on contract volume and which capabilities you switch on. Because CLM runs on the same platform as your repository, signatures and audit trail, the comparison to make is against your combined tool spend rather than against a standalone CLM line item.