Contracts are the lifeblood of any organisation; they are key to getting business done. Organisations large and small have countless active contracts at any given time, with terms and obligations to monitor and risk to mitigate.
With many businesses facing increased competitive pressure, an increasingly complex regulatory landscape and strained profit margins, the stakes have never been higher for contracts in organisations.
This report provides a practical overview of how the contract lifecycle unfolds, where the risks and opportunities lie – and how a contract management system can help at every stage along the way, from contract request and drafting, to obligations and compliance management.