Tag: contract management solution
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The Future of Contract Management Software: AI, Automation & Smart Contracts
Contract management software has come a long way. Now, dedicated CLM (Contract Lifecycle Management) systems have emerged, helping you standardize templates and manage approvals. Microsoft has integrated contract management within Dynamics 365. With Dataverse serving as a single contract model, contracts can now be directly connected to sales, finance, and procurement processes. The latest Microsoft…
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How to Choose the Best Contract Management Software for Your Business
Contracts are the backbone of any business and are the basis of relationships with clients, vendors, employees, and partners. According to a study by the International Association for Contract & Commercial Management (IACCM), businesses lose about 9.2% of their annual income due to poor contract management. This number can climb even higher, up to 15%…
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Streamline and Automate Business Operations with Contract Management Software
Contracts are crucial for businesses, governing about 70% to 80% of their activities. Whether between companies or within a company, contracts ensure that agreements and responsibilities are clearly defined. Many businesses still use manual methods to handle contracts, but these processes are often slow and full of potential errors. This old-fashioned approach can create a…