5 steps to a successful CMS implementation - PowerPoint PPT Presentation

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5 steps to a successful CMS implementation

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Even though contract management is one of the most critical departments in every business, people are not completely aware of what exactly they should consider or how to implement contract management systems to assure the best results. With our many years of experience in providing contracting software to businesses of all sizes and from various industries, we can tell you few things that can make your contract management software implementation perfectly set up. – PowerPoint PPT presentation

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Title: 5 steps to a successful CMS implementation


1
A successful cms implementation
  • 5 points to look out for

2
Contract Management System
  • Contract management is the process of tracking
    and managing contracts throughout their life
    spans.
  • It includes all of the activities involved in
    this including negotiation, administration,
    monitoring, and compliance. Another term for this
    is contract life cycle management.
  • A contract management software is any platform
    that assists you in moving contracts through
    their life cycle.
  • Depending on the software you choose, you can use
    it to manage the creation, negotiation,
    signature, renewal, and analysis of your
    company's contracts.

3
5 points to look out for in implementation
  • Know Where You Want to Improve
  • Choose a solution that is future ready
  • Learn What Changes You Want in Contract Authoring
  • What Information You Wish to Pass to Your
    Contract Managers
  • Collect Inputs and Comments from Your Team

4
Know Where You Want to Improve
  • If you already have a contract management system
    implemented for your business, you will have your
    reasons to look for another.
  • Certainly, you will know its benefits and
    disadvantages.
  • There are plenty of areas in a CMS system that
    might require an enhancement, based on your
    changing workflows, and demands. In that case, it
    is essential to know at what stage you want an
    improvement.
  • If you want to make your contract creating
    process faster and easier, you should look for a
    solution that allows you to create and save
    templates for easy contract creation.

5
Choose a solution that is future ready
  • We have seen many organizations coming with
    contract management solutions that are getting
    outdated and unsuitable for use just after few
    years of fresh deployment.
  • The main reason behind this unfortunate situation
    is that their software is not agile enough to
    comply with the growth or changes a business goes
    through in the future.
  • Finding a future-ready contracting software is
    the only solution for this. A Microsoft
    SharePoint powered contract management system is
    a perfect solution for this.

6
Learn What Changes You Want in Contract Authoring
  • Contract authoring must be made possible in a
    quicker, smarter, and precise manner.
  • Templates with pre-uploaded legal documents,
    attachments, and the ability to auto-populate
    data for general fields for similar templates are
    some of the innovative changes modern companies
    are looking to achieve.
  • No doubt that these capabilities can offer your
    team revolutionary contract management abilities.

7
What Information You Wish to Pass to Your
Contract Managers
  • If you want to know how to implement contract
    management software well, you need to understand
    what facilities matter to you.
  • Even after getting all contract management
    options and features in hand, sometimes half of
    those features or data will go unused by users.
  • It is always better to avoid those features and
    facilities your users are never going to use.
  • Whenever you think about how to implement a
    contract management system, try to give them the
    data and services they need.
  • Overwhelming users with unnecessary data and
    options will affect their productivity.

8
Collect Inputs and Comments from Your Team
  • When we talk about ground-breaking solutions and
    innovations, many organizations forget to follow
    the basics.
  • You must get inputs and comments from your
    contract managers and authors to know what
    limitations and problems are faced by the current
    system.
  • After getting a clear picture of the features and
    capabilities of the proposed system, explain it
    to your contract managers and listen to their
    comments.
  • If they think any of those options need some
    customizations to match your contract workflows,
    it will probably make a huge difference.
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