Ads
related to: what is contract management system
Search results
Results From The WOW.Com Content Network
Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
Contract management software constitutes a range of computer programmes, libraries and data used to support contract management, contract lifecycle management, and contractor management on projects and in the procurement of goods and services. It may be used with project management software.
Contractor management is the managing of outsourced work performed for an individual company. Contractor management implements a system that manages contractors' health and safety information, insurance information, training programs and specific documents that pertain to the contractor and the owner client.
Without a proper system or contract lifecycle management software, compliance can be difficult to keep track of and can result in legal ramifications, late fees, bottlenecks, and other business hazards. Renewal - After a document is expired (or when it is nearing expiration) a contract must be renewed and renegotiated. Contract lifecycle ...
Ironclad is a software as a service company that makes contract management software. Founded in 2014 and headquartered in San Francisco, California, Ironclad provides a platform for legal and business teams to create, store, and manage contracts online in a process known as contract lifecycle management. [1]
Green said Llama is meant to bring some of the management systems of the traditional tech world to Web3. “It's bringing those best practices to a very different world of smart contracts,” he said.
Ads
related to: what is contract management system