Tag: dynamics 365 contract management
-
The Importance of Contract Management Software in Construction Industry
Construction contracts can get really complicated because there are so many different parties involved, such as owners, contractors, subcontractors, and suppliers. Poor contract management significantly affects project completion. A study revealed that 88% of contracts encounter disputes due to poorly drafted agreements, insufficient documentation, and communication breakdowns between stakeholders. Strict regulatory requirements and tight project…
-
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…