New Independent Study Finds LinkSquares' CLM Delivered 360% ROI
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Before implementing LinkSquares, interviewed organizations struggled with fragmented, manual, and unscalable contract management processes that slowed deal execution and increased risk. With LinkSquares' AI-powered platform, they centralized workflows, automated approvals, and gained actionable insights. An assistant general counsel from a personal products company stated, "We've streamlined our contract process, reduced turnaround time, and made legal a more strategic partner to the business. I'd say that LinkSquares is working out great for us."
The study found that by using LinkSquares CLM, the composite organization improved operating efficiency for contracts teams, saving time on both ancillary and complex contracts. It also accelerated revenue by processing new sales contracts 30% faster and reduced risk exposure for major contracts. One interviewee, a VP of commercial legal at an enterprise software company, noted, "With our investment in LinkSquares, we have reduced contract processing time by over 30%, and we're seeing recurring efficiency gains every quarter."
Key findings from the study include:
- 360% Return on Investment (ROI): Participants achieved a significant return driven by efficiency gains and accelerated revenue.
- 30% faster sales contract processing: LinkSquares shortened contract cycle times from 12 weeks to under nine, recognizing revenue sooner.
- 67% less time on executive reviews: LinkSquares freed up senior leadership by streamlining escalations for major contracts.
- 20% reduction in revenue leakage by year 3: LinkSquares implemented safeguard renewals to recapture revenue and avoid unfavorable terms.
"We believe this Forrester TEI study validates what we consistently hear from our customers: LinkSquares CLM delivers tangible, significant return on investment," states LinkSquares CEO
Read the full commissioned study conducted by Forrester Consulting on behalf of LinkSquares here.
Experience the LinkSquares CLM, schedule a demo today.
About LinkSquares
LinkSquares
is the leading AI-powered contract lifecycle management platform, trusted by more than 1,000 customers, including DraftKings, ProPharma, and Wayfair. LinkSquares' advanced AI engine is uniquely designed with a proprietary blend of predictive and generative AI, specifically trained to excel with legal documents. LinkSquares revolutionizes contract management by delivering powerful analytics, minimizing organizational risk, and enhancing the speed and precision of contract workflows at every stage — unlocking greater efficiency, reliability, and strategic value for teams across the business.
For more information, visit www.linksquares.com or follow us on Linkedin.
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SOURCE LinkSquares, Inc.
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