Contract management, as Gartner puts it, is no longer a “nice to have” initiative, but a “need to have” business practice. A CLM initiative leads to quicker contract turnaround, reduced contract management expenses, and greater profitability.
In our webinar Planning Your Contract Management Roadmap, we walked through the steps any organization should take to get a contract management initiative underway, including
- Naming your team – the colleagues whose input you’ll need to make a good decision
- Prioritizing your goals – the parts of your contract management process that will benefit most from automation
- Understanding your software options – the kinds of software on the market and how your organization can implement it
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