When a business grows, it often fails to offer sales and legal teams the opportunity to collaborate for improved outcomes. But irrespective of their silo status, they have sales agreements in common. The sales team needs contracts produced by the legal division to close deals. Also, they can utilize contractual data to make data-driven sales. Organizations can utilize CRM contract management to enhance the contract data management process. They can exploit the integrated platform to collect and analyze contract-related information to minimize risks, optimize business operations, and close deals faster.