Contract Management software has been available for over 2 decades, but many organizations have yet to fully embrace online collaboration and contracting automation with advanced Contract Lifecycle Management (CLM) solutions.
This eBook explores 5 myths, providing the realities along with practical guidance:
- Contract management software is expensive
- Implementation is difficult and lengthy
- Realizing a return on investment (ROI) may take years
- A central contract repository is sufficient to manage contracts
- Emailing redlined documents back and forth is still the standard