To be effective, CSOR systems must be: Complete: CSORs curate an enterprise’s entire contract portfolio or complete subsets of those contracts, such as those governing a particular function (commercial, procurement, sales), business unit, or region. It does not contain duplicates, drafts, or non-contractual documents such as emails or spreadsheets. Searchable: Powerful filters and tagging enable users to quickly find agreements within the context of their contract family in a few keystrokes using minimal search criteria such as active status, counterparty, or effective date. More advanced systems may have hundreds of other data elements users can leverage to find answers and data. Reliable: Effective CSORs use legal-grade quality control processes to transform legal prose into structured data with at least 98% accuracy so that users learn to rely on the system and confidently make decisions. Family-Capable: About 2 out of 3 agreements in large enterprises live in families with related agreements (MSAs, amendments, Scopes of Work, etc.). Successful CSOR systems must be equipped to make sense of complex agreement families and represent the current state of the full counterparty relationship so that users don’t have to open and read all related contracts to answer basic questions. Connected: Effective CSOR systems are usually connected to other ERP systems both upstream so that newly executed agreements flow into the CSOR and downstream so that reliable contract position data flows back into other user systems such as CLMs, finance, procurement, data lakes, etc.