Microsoft has served as the foundation of contracts in that MS Word is the primary vehicle in which contracts are drafted, negotiated, and finalized. The foundation expanded when Microsoft initially introduced SharePoint back in 2001 as a repository was born; one where contracts, both draft and executed) could easily be stored along with some basic metadata. For law firms, legal departments and all other business functions impacted by contracts, Microsoft’s support for contract management; albeit limited, was formally established.
Looking for an upgrade in your contract management system? You may be most of the way there. Office 365, the cloud-based collection of Microsoft’s productivity tools such as Excel and Word, is becoming standard at many companies. The combination of Office 365 and Azure – the Microsoft cloud where O365 lives – has capabilities that will make enterprise contract management easier and more secure once the tools are harnessed to business processes.
Much like the Clash of the Titans, an epic battle has unfolded among productivity suite providers. For those unfamiliar with the term, productivity suite providers help individuals and organizations deliver information – whether in the form of a document, presentation, worksheet, database, charts, electronic music or digital video. Common examples include Microsoft Office, OpenOffice, Corel WordPerfect Office, Apple’s iWork, and Lotus Symphony.
Microsoft SharePoint is one of the most ubiquitous software platforms – ever. According to Microsoft’s blog, “SharePoint supports 2 out of 3 information workers in the enterprise." Jared Spataro, Microsoft’s General Manager, revealed in a conference that SharePoint brought about “double digit growth for each of the last 18 quarters,c – faster than other Microsoft products. A Google search of the term returns 38 million results (in .93 seconds, if anyone is counting). By comparison, the most searched Google term of 2016, Powerball, returns 11.8 million results.
As the CTO of Corridor Company, I’m frequently presented with the question, “Why SharePoint?" Having used a multitude of different technologies throughout my career as well as numerous content management systems, my response is immediate. Not only does SharePoint provide us with a world-class platform upon which we can build our product, it is one of the most flexible, user focused and prevalent products on the market.
Corridor Company participated in Microsoft’s SharePoint Conference 2014 (SPC14), March 2-6, 2014, at the Venetian Hotel, Las Vegas, Nevada. How was the conference? What were the stand-out sessions and key takeaways? Here are some thoughts from the perspective of Team Corridor…