{"id":14825,"date":"2024-12-11T15:18:17","date_gmt":"2024-12-11T09:48:17","guid":{"rendered":"https:\/\/razorpay.com\/learn\/?p=14825"},"modified":"2024-12-17T12:25:27","modified_gmt":"2024-12-17T06:55:27","slug":"contract-lifecycle-management","status":"publish","type":"post","link":"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/","title":{"rendered":"Contract Lifecycle Management"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Every business relies on contracts to keep their operations running smoothly, but managing them effectively can feel challenging. A report by KPMG believes that <\/span><a href=\"https:\/\/juro.com\/learn\/contract-management-statistics\" target=\"_blank\" rel=\"noopener\"><b>40% of a contract\u2019s value<\/b><\/a><span style=\"font-weight: 400;\"> is lost due to poorly managed <\/span><b>contract processes.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">For this reason,<\/span><b> contract lifecycle management<\/b><span style=\"font-weight: 400;\"> is the best solution for any struggling business. It\u2019s a structured approach to handling contracts from start to finish, including drafting, reviewing, signing, tracking, and renewing, all while reducing errors and saving time.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d204c148fa7\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d204c148fa7\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/#What-is-Contract-Lifecycle-Management\" >What is Contract Lifecycle Management?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/#What-Are-the-Stages-of-Contract-Lifecycle-Management\" >What Are the Stages of Contract Lifecycle Management?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/#Why-is-Contract-Lifecycle-Management-Important-for-Businesses\" >Why is Contract Lifecycle Management Important for Businesses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/#How-Does-Contract-Lifecycle-Management-Software-Work\" >How Does Contract Lifecycle Management Software Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/#What-Are-the-Challenges-of-Contract-Lifecycle-Management\" >What Are the Challenges of Contract Lifecycle Management?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/#How-Can-CLM-Be-Integrated-with-Other-Business-Systems\" >How Can CLM Be Integrated with Other Business Systems?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/razorpay.com\/learn\/business-banking\/contract-lifecycle-management\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What-is-Contract-Lifecycle-Management\"><\/span><b>What is Contract Lifecycle Management?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Contract lifecycle management or CLM<\/b><span style=\"font-weight: 400;\"> is the process of managing all aspects related to a contract. This includes everything from creating, negotiating, and executing the contracts to monitoring their performance and maintaining compliance until they are renewed or expired.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trying to manage all these stages manually can be time-consuming and error-prone. In fact, human-led contract review processes take up to <\/span><b>92 minutes on average<\/b><span style=\"font-weight: 400;\">, which adds up quickly if the business is handling a lot of contracts.<\/span><\/p>\n<p><b>CLM<\/b><span style=\"font-weight: 400;\"> helps simplify these stages, making the entire process smoother, thus reducing errors, and saving time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the help of <\/span><b>CLM software<\/b><span style=\"font-weight: 400;\">, businesses get to automate repetitive tasks, centralize contract data, and maintain consistency across all contracts. This not only improves efficiency but also reduces risks as obligations are met on time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">RazorpayX Source to Pay is a procurement and invoice management software that brings the power of automation to your vendor management processes. Speak to our experts now and find out how you can use RazorpayX to optimize your finances.\u00a0<\/span><\/p>\n<p style=\"text-align: center;\"><b><a style=\"border-radius: 3px; background: #528ff0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/source-to-pay\/?r=blog_cta_business_banking_undercapitalization&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Explore RazorpayX Source to Pay<\/a><\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-Are-the-Stages-of-Contract-Lifecycle-Management\"><\/span><b>What Are the Stages of Contract Lifecycle Management?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>The contract lifecycle management <\/b><span style=\"font-weight: 400;\">covers several essential stages, from initiation to renewal. Each stage has its purpose, thus helping businesses handle contracts seamlessly. Let\u2019s understand these stages in detail:\u00a0<\/span><\/p>\n<h3><b>Template Authoring<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The process begins with creating standard contract templates that can be reused across different agreements. By using predefined clauses CLM helps speed up the drafting process, reduces errors, and ensures consistency across contracts.<\/span><\/p>\n<h3><b>Contract Creation<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">With templates in place, contracts are created automatically based on specific criteria, such as the region or product involved. CLM software makes this process easy by dynamically assembling the contract, incorporating the correct clauses, and applying the necessary terms through automation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This reduces the time spent manually on creating each contract and ensures accuracy.<\/span><\/p>\n<h3><b>Negotiation<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The next stage is negotiation, where all the terms and conditions are discussed and refined.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This can often be the most time-consuming part of the contract framing process. However, CLM systems make tracking changes easy, thus helping to speed up negotiations by being transparent and eliminating errors that can result from manual tracking revisions.<\/span><\/p>\n<h3><b>Contract Review<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Once the contract is drafted and negotiated, it\u2019s reviewed to ensure compliance with business objectives and legal requirements. CLM software automates much of the review process, highlighting key areas that need attention and making it easier to track required changes.<\/span><\/p>\n<h3><b>Contract Approval<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The approval process is typically managed through predefined workflows, ensuring that each contract is reviewed by the appropriate stakeholders before being finalized. CLM software streamlines this by automating workflows, speeding up approvals, and ensuring proper oversight.<\/span><\/p>\n<h3><b>Contract Execution<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Gone are the days of waiting weeks for contract approvals. Recently, an<\/span> <a href=\"https:\/\/www.icertis.com\/blog\/nfl-quarterback-josh-mccown-and-the-rise-of-digital-contracts\/\" target=\"_blank\" rel=\"noopener\"><b>NFL quarterback executed a $10 million contract<\/b><\/a><span style=\"font-weight: 400;\"> from his phone while sitting in a fast-food parking lot! This was all possible due to CLM software.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They integrate with electronic signature platforms, allowing contracts to be executed quickly and securely, no matter where the parties are.<\/span><\/p>\n<h3><b>Contract Performance and Renewal<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Once the contract is executed, it\u2019s essential to monitor its performance and track milestones. CLM software helps ensure all obligations in it are met, and it alerts businesses when contracts are nearing expiration or need renewal.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This proactive approach reduces pending contracts and improves trust within partnerships.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why-is-Contract-Lifecycle-Management-Important-for-Businesses\"><\/span><b>Why is Contract Lifecycle Management Important for Businesses?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">CLM software helps businesses by streamlining processes, reducing errors, and maintaining compliance with legal and regulatory standards. Other benefits of <\/span><b>CLM for businesses <\/b><span style=\"font-weight: 400;\">include:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Faster, more accurate contracts:<\/b><span style=\"font-weight: 400;\"> CLM software speeds up the contract process by organizing documents and <\/span><b>automating approval<\/b><span style=\"font-weight: 400;\"> workflows. This reduces delays, ensuring contracts are finalized quickly and accurately.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Improved contract organization:<\/b><span style=\"font-weight: 400;\"> Contracts are stored in a <\/span><b>central digital repository, <\/b><span style=\"font-weight: 400;\">making it easy to access and track key details. With a searchable database,<\/span><b> stakeholders <\/b><span style=\"font-weight: 400;\">can find documents instantly without sifting through piles of paper.<\/span><\/li>\n<li><b>Enhanced compliance:<\/b><span style=\"font-weight: 400;\"> CLM software helps businesses stay compliant by <\/span><b>tracking deadlines <\/b><span style=\"font-weight: 400;\">and automating notifications for critical dates, such as <\/span><b>contract renewals or terminations<\/b><span style=\"font-weight: 400;\">. It ensures all parties meet their obligations, minimizing risks associated with non-compliance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Eliminate manual errors:<\/b><span style=\"font-weight: 400;\"> CLM tools reduce <\/span><b>human errors<\/b><span style=\"font-weight: 400;\"> that could otherwise cause costly contract disputes. Automated templates and <\/span><b>predefined clauses<\/b><span style=\"font-weight: 400;\"> eliminate the need for manual entry, ensuring consistency and reducing legal risks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Better visibility: <\/b><span style=\"font-weight: 400;\">With <\/span><b>customizable dashboards<\/b><span style=\"font-weight: 400;\">, CLM systems provide a clear view of all contracts in real-time. Decision-makers can access performance data and make informed choices about contract renewals or re-negotiations.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">An optimized <\/span><b>contract lifecycle management <\/b><span style=\"font-weight: 400;\">system can also streamline financial transactions.\u00a0<\/span><\/p>\n<p style=\"text-align: center;\"><b><a style=\"border-radius: 3px; background: #528ff0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/source-to-pay\/?r=blog_cta_business_banking_undercapitalization&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Explore RazorpayX Source to Pay<\/a><\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How-Does-Contract-Lifecycle-Management-Software-Work\"><\/span><b>How Does Contract Lifecycle Management Software Work?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Having an<\/span><b> end-to-end contract management<\/b><span style=\"font-weight: 400;\"> software simplifies the entire contract process, making it faster and more efficient. Here\u2019s how it works step-by-step:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Contract Drafting: <\/b><span style=\"font-weight: 400;\">All CLM tools start with <\/span><b>pre-built templates<\/b><span style=\"font-weight: 400;\"> that can be customized for specific deals. Users get to add or modify clauses, and the software checks for errors automatically, ensuring everything aligns with the<\/span><b> terms and conditions.<\/b><\/li>\n<li><b>Workflow Automation: <\/b><span style=\"font-weight: 400;\">CLM systems even streamline<\/span><b> approval processes<\/b><span style=\"font-weight: 400;\"> by automatically <\/span><b>routing contracts to the right team<\/b><span style=\"font-weight: 400;\"> members for <\/span><b>review and sign-off. <\/b><span style=\"font-weight: 400;\">This reduces delays and speeds up the contract cycle.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Electronic Signatures: <\/b><span style=\"font-weight: 400;\">With there in-built <\/span><b>electronic signature <\/b><span style=\"font-weight: 400;\">functionality, CLM software allows contracts to be signed <\/span><b>digitally<\/b><span style=\"font-weight: 400;\">, eliminating the need for paper and ink. This accelerates the <\/span><b>contract completion process.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Monitoring and Alerts: <\/b><span style=\"font-weight: 400;\">After the contract is signed, the system continues to <\/span><b>track key dates<\/b><span style=\"font-weight: 400;\"> like <\/span><b>renewals and performance milestones. <\/b><span style=\"font-weight: 400;\">The automated alerts ensure nothing is missed, keeping contracts compliant with laws.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Analytics and Reporting: <\/b><span style=\"font-weight: 400;\">They also collect and analyze data throughout the <\/span><b>contract lifecycle.<\/b><span style=\"font-weight: 400;\"> This helps them provide actionable insights, helping businesses evaluate <\/span><b>contract performance<\/b><span style=\"font-weight: 400;\"> and make <\/span><b>data-driven decisions.<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">By automating each stage of the lifecycle,<\/span><b> CLM software<\/b><span style=\"font-weight: 400;\"> reduces <\/span><b>contract cycle times, <\/b><span style=\"font-weight: 400;\">enhances compliance, and minimizes risks.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-Are-the-Challenges-of-Contract-Lifecycle-Management\"><\/span><b>What Are the Challenges of Contract Lifecycle Management?\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Remember, <\/span><b>contract lifecycle management<\/b><span style=\"font-weight: 400;\"> comes with its share of challenges, which can affect an <\/span><b>organization\u2019s ability<\/b><span style=\"font-weight: 400;\"> to fully realize its benefits. Some of the main challenges of <\/span><b>CLM software<\/b><span style=\"font-weight: 400;\"> include:\u00a0<\/span><\/p>\n<h3><b>Inconsistent legal language<\/b><\/h3>\n<p><b>CLM software<\/b><span style=\"font-weight: 400;\"> can struggle with complex <\/span><b>legal terms and ambiguous language<\/b><span style=\"font-weight: 400;\"> often leading to confusion and misinterpretation. To help with this, contract templates need to have a uniform flow and legal experts should be hired for clarity and compliance with industry standards.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Proper training programs can also help improve stakeholder understanding of contractual terms.<\/span><\/p>\n<h3><b>Lack of consistent processes<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Without proper workflows, organizations can face delays and inefficiencies. Thus, establishing a standardized approval process and automating repetitive tasks can help smooth the contract handling process.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Employees also need to continuously review and optimize contracts to maintain efficiency.<\/span><\/p>\n<h3><b>Storage issues and disorganization<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">As the number of contracts grows, managing them can become increasingly complex. This implementation of <\/span><b>centralized contract repositories<\/b><span style=\"font-weight: 400;\"> and <\/span><b>document management systems <\/b><span style=\"font-weight: 400;\">can help organize contracts, improve accessibility, and make retrieval easy through categorization and tagging.<\/span><\/p>\n<h3><b>Stakeholder misalignment<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Usually, conflicting priorities among stakeholders can <\/span><b>disrupt contract progress.<\/b><span style=\"font-weight: 400;\"> To maintain good flow, establishing clear communication channels and involving all relevant parties early on can help with <\/span><b>alignment and collaboration<\/b><span style=\"font-weight: 400;\"> from the start.<\/span><\/p>\n<h3><b>Lack of clarity and transparency<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Without proper transparency in <\/span><b>contract data, goals, and changes<\/b><span style=\"font-weight: 400;\"> in the organization, misunderstandings can arise. <\/span><b>CLM tools <\/b><span style=\"font-weight: 400;\">offer <\/span><b>audit trails, tracking mechanisms, and reporting features<\/b><span style=\"font-weight: 400;\"> to enhance visibility and ensure all stakeholders are on the same page.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How-Can-CLM-Be-Integrated-with-Other-Business-Systems\"><\/span><b>How Can CLM Be Integrated with Other Business Systems?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Integrating CLM with other business systems enhances efficiency, collaboration, and data accuracy across different departments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CLM is usually considered a part of<\/span><b> enterprise resource planning (ERP) <\/b><span style=\"font-weight: 400;\">systems. By embedding <\/span><b>CLM<\/b><span style=\"font-weight: 400;\"> into <\/span><b>ERP platforms<\/b><span style=\"font-weight: 400;\">, organizations benefit from a <\/span><b>unified system<\/b><span style=\"font-weight: 400;\"> where contract data can be accessible alongside other core business operations like <\/span><b>procurement, finance, and supply chain management.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This helps in reducing <\/span><b>duplication of efforts<\/b><span style=\"font-weight: 400;\"> and ensures contract data is synchronized with other business processes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similarly,<\/span><b> CLM and CRM systems<\/b><span style=\"font-weight: 400;\"> complement each other. While CRM focuses on managing customer relationships and sales interactions, CLM systems handle contract creation, negotiation, approval, and tracking.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><b>FAQs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<div id=\"rank-math-rich-snippet-wrapper\" class=\"\">\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\n","protected":false},"excerpt":{"rendered":"<p>Every business relies on contracts to keep their operations running smoothly, but managing them effectively can feel challenging. A report by KPMG believes that 40% of a contract\u2019s value is lost due to poorly managed contract processes.\u00a0 For this reason, contract lifecycle management is the best solution for any struggling business. It\u2019s a structured approach<\/p>\n","protected":false},"author":151156542,"featured_media":14826,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3437],"tags":[4066,4067,3768],"class_list":{"0":"post-14825","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banking","8":"tag-clm","9":"tag-contract-lifecycle-management","10":"tag-s2p"},"_links":{"self":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/14825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/users\/151156542"}],"replies":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/comments?post=14825"}],"version-history":[{"count":2,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/14825\/revisions"}],"predecessor-version":[{"id":14828,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/14825\/revisions\/14828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/media\/14826"}],"wp:attachment":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/media?parent=14825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/categories?post=14825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/tags?post=14825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}