6 Must-have Features in a Contract Management Solution

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Contract Management Solution
6 Must-have Features in a Contract Management
Solution
Your Company Name
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When selecting a Contract Management Solution
there are six basic features that you need to
make sure that the CMS you choose has it
regardless of your organization's size.
Contract Management Solution
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Six Must-Have Features For Your Company's CMS
Easy Configuration
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Contract Monitoring
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E-Signature Capacity
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Analytical Reporting
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Integration with Key Systems
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Manageable Deployment Time
Contract Management Solution
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Effective contract management solutions allow
super-users to quickly change and configure the
application to a new business process, avoiding
the need for code changes.
Easy Configuration
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Your contract management software should allow
your team to manage the value of contracts and
complex contractual hierarchies to give you a
holistic view of all deals across the entire
organization.
Contract Monitoring
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Ensure quick and secure contract execution with a
CMS integrated to e-signature solutions like
DocuSign, Adobe Sign, and other electronic
signature platforms.
E-Signature Capacity
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Organized contract management reporting, allows
you to pull critical informations. CMS needs to
provide easy digestible comprehensive real-time
reporting by keeping track of the potential risks
and opportunities.
Analytical Reporting
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Integrating with single sign-on (SSO)
environments allows end users to be able to have
all their tools and solutions in one place. This
will enable them to streamline workflows and
processes by making it easier to connect using
their already existing business accounts.
Integration with Key Systems
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Inflexible contract management software that
requires technical resources to configure and
adapt can prolong projects and put them at risk.
Look for a highly configurable and flexible
solution that allows you to deploy in weeks, not
months.
Manageable Deployment Time
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There are many features to consider when looking
for contract management software. But the
features listed above should give you a starting
point when evaluating software to fit your
organizations needs.
Contract Management Solution
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Contract Management Solution