Contract lifecycle management (CLM) automates and streamlines contract processes during key stages. These stages include: initiation, authoring, process and workflow, negotiation and approval, execution, ongoing management and compliance (within the repository), and contract renewal.
By creating a common language, core templates, unified terms, and repeatable, consistent conditions buyers and suppliers save time and reduce errors. Most contract management software is designed to provide greater visibility into corporate spend, create greater efficiencies in the contract process, and lower administrative costs.
URL:
https://www.infobrez.com/contract-lifecycle-management-software Bloggen startade:
januari, 2021 Proffs/privat:
Privat