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Title: Contract Management Post by: Mark David on February 18, 2007, 11:47:19 PM Contract Management is the development and maintenance of client/partner business agreements in a structured manner. A contract management system facilitates coordination, reporting, and monitoring of multiple business processes and partners throughout the supply chain. The strength of contract management tools lies in automation: streamlining the management of each contract through its entire lifecycle, including the stages of planning, negotiation, storage, maintenance, and analysis.
Related terms: contract management software, contract management solutions |