Discover how DMS+ helps legal teams manage every contract version with precision. From automated version control and detailed audit trails to secure access and renewal tracking, DMS+ ensures you always have the right legal document at the right time—boosting compliance, accuracy and efficiency.
Legal contracts are not static—they evolve over time through negotiations, amendments and renewals. From initial drafts to final execution, each stage involves multiple stakeholders, revisions and approvals. Without a structured way to manage contract versions and history, organizations risk errors, compliance issues and costly disputes.
DMS+ solves this problem by giving legal teams a centralized, secure platform to manage every contract version, track its history and maintain a complete audit trail—ensuring you always know which version is current, who made changes and when they were made.
Confusion Over the Latest Version: Multiple team members working on different drafts can lead to outdated clauses making their way into the final document.
Loss of Critical Amendments: Without proper version control, key modifications may be missed or overwritten.
Compliance and Legal Exposure: In regulated industries, inability to produce the exact contract version from a specific date can lead to compliance failures or weaken your case in disputes.
Time Wasted in Retrieval: Searching through emails, shared drives, or physical files for the right version wastes valuable hours.
All legal contracts—NDAs, MSAs, vendor agreements and more—are stored in a single, secure location, eliminating the chaos of scattered files.
Outcome: No duplicate or lost documents; one source of truth.
Every time a contract is uploaded or updated, DMS+ automatically creates a new version, maintaining the previous one for reference.
Features:
DMS+ records every interaction with a contract:
Outcome: Full traceability for audits, dispute resolution and compliance checks.
Legal teams can compare two contract versions directly in DMS+ to see highlighted differences in clauses, terms, or formatting.
Benefit: Speeds up review cycles and reduces oversight errors.
Contracts are indexed with metadata such as:
Outcome: Locate any contract version in seconds using advanced search filters.
Role-based permissions ensure that only authorized personnel can edit, view, or approve contracts.
Example:
DMS+ alerts legal teams to upcoming contract expirations, pending amendments, or renegotiations—ensuring no missed deadlines.
A multinational manufacturing company was struggling with conflicting contract versions between its legal and procurement teams. After implementing DMS+:
DMS+ offers:
With DMS+, you don’t just store contracts—you manage their complete lifecycle with precision, security and compliance.
Mismanaged contract versions can cost an organization time, money and legal credibility. By using DMS+, legal teams gain total visibility into every version, maintain a reliable history and ensure that the most up-to-date, compliant contracts are always at their fingertips.
Ready to take control of your legal contract management?
Book a free demo of DMS+ today and discover how it can streamline your legal processes from drafting to renewal.
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