The preceding article illustrates some excellent reasons contract management benefits from automation . I particularly enjoyed the importance and benefits placed on central location and storage of contract clauses. Unfortunately, a major drawback to lack of compliance or contract performance has been ignorance/unawareness of contractual responsibilities by departments/sections responsible for accomplishing a task. Keeping departments involved on changes (modifications), seeking suggestions or recommendations can further help the NEXT set of contracts being solicited and adequate compliance to the current contract(s).
Over the next few weeks I will be publishing articles designed to provide insight on industry leading practices any business can benefit from. Stay Tuned!