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What is Contract Management and why it’s a game changer for your Business

World of Procurement blog

Contract Management is the process of managing all of your contracts. For this article, we’re going to focus on Contract Management related to your Supply Chain Contracts, or Procurement Contracts. This is the management of the entire contracting process though. This is a bad way to think about it.

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13 Best Contract Management Software for the Mid-market

Procurement Software

Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost. Not only that, it also offers a single source of truth, having all of your contract documents and contract management data in one place. It also automates the procurement workflow and is easy to implement.