Contract Management

FAQ

WHAT IS CONTRACT MANAGEMENT

Contracts are stored in a single location, duplication or copies are controlled, there is quick retrieval and limited-time retention after project closure.


There are mostly no standard processes defined and approval processes are not transparent.
Terms and conditions of contracts are not monitored and the
Although some established contract management process may exist within the organization, they are applied only on an ad-hoc and sporadic basis.
Contract management automatically informs your team of important tasks, expiration dates, and other important details so that opportunities and revenues aren’t lost — and you can build stronger relationships with customers.

 

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