contracts

Clm Rfp Checklist in Australia (2026)

Adira EditorialLegal AI desk5 min read

A contract lifecycle management (CLM) purchase in Australia usually runs through a request for proposal, and the quality of the RFP decides the quality of the outcome. A vague RFP produces vague answers and a tool that looks good in a demo but fails in month three. This checklist gives Australian legal and procurement teams the exact sections to include, the questions that actually separate vendors, and a reproducible scoring test. It names real vendors and shows where Adira fits honestly, so you can use it as a working template. ## Section 1: company and contract profile Start by describing yourself, not the tool. State your contract volume per year, the main contract types (NDAs, MSAs, SaaS subscriptions, leases, employment, supplier agreements), your team size and the roles that will use the tool, and the systems it must sit alongside, such as your CRM, ERP or document store. Vendors answer better when they know who they are selling to, and you can later check their claims against your real profile. ## Section 2: drafting and templates Ask how the tool creates contracts: template library, clause library, AI drafting from a brief, and whether output is structured or flat text. Ask whether it learns your house style and preferred positions, or only fills blanks in a template. Score concrete answers, not adjectives. ## Section 3: review and AI This is where tools diverge most. Ask what the AI detects (risky clauses, missing clauses, non-standard positions, obligations, key dates), what model it is built on, and crucially whether the vendor can state a reproducible accuracy test. Ask directly: on a defined set of our contracts, what critical-clause detection rate can we expect, and will you run that test in a trial? A vendor that welcomes a reproducible test on your own paper is worth more than one that quotes a marketing number. ## Section 4: repository, renewals and obligations Ask how contracts are stored and searched, whether search reaches clause level, how renewal, notice and obligation dates are tracked and alerted, and the missed-date safeguards. Ask for the audit trail and version history model, which matters for the unfair contract terms rules under the Australian Consumer Law where you must show the terms actually agreed. ## Section 5: signing and compliance Confirm electronic signature support consistent with the Electronic Transactions Act 1999, and any e-stamping or local execution needs. Ask how the tool supports your compliance obligations and reporting. ## Section 6: security and data (Australia specific) Under the Privacy Act 1988 and the Australian Privacy Principles, ask where data is stored and whether data residency options exist, whether the vendor trains its AI on your contract corpus, the encryption and access-control model, and any SSO, audit-log and retention controls. Ask for certification status in writing with dates, and do not accept a claim without one. ## Section 7: pricing and total cost Ask for pricing per seat, minimum seats, implementation cost and contract term. Many CLM vendors are quote-only, which makes three-year total cost hard to compare, so insist on a full three-year figure at your real seat count. Transparent published pricing is a genuine advantage here because you can model it immediately. ## The vendors you are likely scoring ### Ironclad Enterprise workflow automation and integrations, suited to large legal and procurement operations. Pricing is quote-only. ### Icertis Enterprise obligation and commercial-term management with deep ERP integration. Pricing is quote-only. ### LinkSquares Post-signature AI analytics and extraction across executed contracts. Pricing is quote-only. ### SpotDraft CLM for fast-growing in-house teams with repository and renewal tracking. Pricing is quote-led. ### Adira An AI legal operating system built on Anthropic's Claude that drafts, reviews, edits and tracks contracts in one workspace over a structured clause tree, with a document intelligence dashboard for per-clause risk, key dates and obligations, and files with a live activity timeline for version history. It does not train on your corpus. Its pricing is public, which answers Section 7 directly. Adira is India-first and expanding, so its Australian legal depth is architected rather than at full India level today, a fair caveat to record in your scorecard. ## The reproducible scoring test Make every shortlisted vendor run the same test, not a canned demo. Take 20 of your own contracts across your real mix and measure on identical inputs: review time per contract, critical-clause detection rate, the missed-date rate when you load real renewal and notice dates, and three-year total cost at your real seat count. Put those four numbers in a simple scorecard next to the security answers from Section 6. Score every vendor on the same contracts and the same definitions. This turns the RFP from a beauty contest into evidence. ## Where Adira scores, and where incumbents score higher Adira answers the pricing and data-training sections cleanly: Practice is about A$135 per seat per month and Firm about A$270 per seat per month, approximate conversions of 89 and 179 US dollars billed annually, see Adira's pricing page for current figures, with a 7-day free trial that is ideal for running the Section-3 and scoring tests. Adira reports that 18 law firms use it and rank it highly, with contract review and due diligence cut from 10 to 12 days down to under 2 hours in those deployments, needing only two to three rechecks; that is Adira's own measured result, stated as such, not an independent study. Adira has not published an independently adjudicated head-to-head against Ironclad, Icertis or LinkSquares, so use the trial to run the same 20-contract test on each. See how Adira approaches contracts. Be fair about the incumbents: if your RFP weights deep ERP integration, enterprise workflow configuration and a large partner ecosystem most heavily, Ironclad and Icertis will usually score higher on those sections, and that is a legitimate reason to pick them for a large, multi-entity operation. ## The bottom line A strong CLM RFP describes your own profile first, asks for concrete answers on drafting, AI accuracy, renewals, signing, security and three-year cost, and forces every vendor through the same 20-contract scoring test. Score on evidence, weight the sections that matter to you, and let the numbers, not the demo, choose. This article is general information, not legal advice.

Frequently asked questions

What should a CLM RFP in Australia include?
A description of your own contract profile, then scored sections on drafting and templates, review and AI accuracy, repository and renewals, signing and compliance under the Electronic Transactions Act 1999, security and data under the Privacy Act 1988, and three-year total cost. Finish with a reproducible test that runs every vendor on the same 20 contracts.
What is the most important question to ask CLM vendors?
Whether they will run a reproducible accuracy test on a defined set of your own contracts during a trial, and what critical-clause detection rate and review time result. A vendor that welcomes a test on your own paper is more trustworthy than one that only quotes a marketing number.
How do I compare CLM pricing when most vendors are quote-only?
Insist on a full three-year figure at your real seat count including implementation. Where a vendor publishes pricing, such as Adira at about A$135 and A$270 per seat per month, approximate conversions of 89 and 179 US dollars billed annually, you can model cost immediately and use it as a benchmark against quote-only vendors.
What data questions matter for an Australian CLM RFP?
Under the Privacy Act 1988 and the Australian Privacy Principles, ask where data is stored, whether data residency is available, whether the vendor trains its AI on your contract corpus, and the encryption, access-control, SSO and retention model. Require certification status in writing with dates.
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