Today’s global enterprises compete in a marketplace fraught with economic uncertainty and stringent regulations. Producing products and services, and moving them to market, depends upon an intricate network of business relationships that includes suppliers, customers, and employees.
Contracts provide the foundation for the complex web of business relationships that drive commercial success. At a bare minimum, contract management software functions as a repository for static documents.
But contracts are capable of much more.
An enterprise-wide contract management platform can transform your contracts into strategic assets, generating value, mitigating risk, and providing the insights you need to capitalize on the full value of every business relationship.
This white paper outlines twelve key criteria for evaluating a contract management solution.