Wednesday, September 19, 2007

Why Contract Management

When speaking with clients, I frequently ask them what are the driving forces behind contract management. Below is a list of the top responses:

  • Contracts in a Centralized database

  • Locate Contracts Immediately

  • Provide Access to all Responsible Parties

  • Advance email Alerts

  • Control Contractual Obligations

  • Minimize Risk of Non-compliance

  • Maximize Revenue Collections and Eliminate Wasteful Spending

  • Eliminate the Risk of Missing Warranty Expirations


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