Welcome to the Contract Software category! Here, it's all about innovative solutions and technologies for efficient contract management. Discover how contract software optimizes the entire contract lifecycle, from creation to negotiation to management. Learn more about contract software benefits, features and best practices, and stay up-to-date on the latest developments. Simplify your contract processes and maximize efficiency with state-of-the-art contract software.
Many organizations are still using Sharepoint to manage contracts, putting all of their legal resources on this system to manage monstrous amounts of contracts per month. Some also don't realize, or sometimes can't realize, that this solution can be costly and time-consuming enough and is not an adaptable tool to scale the contract process and make it more efficient.
Contract drafting is usually referred to as the first phase in the life cycle of a contract. It encompasses the entire process of drafting and editing a contract document. In most cases, contracts are drafted with standardised and internally important contract clauses based on the needs and requirements of both parties.
Contract management is critical to your business because contracts, as legally binding documents, govern relationships between parties, pricing, scope of work, rights and obligations, project schedules, warranty terms, etc.
You have probably heard of Juro if you have ever had to manage complex contract processes and were not satisfied with the current solution such as Word or Salesforce for contract management. In growing companies, the requirements of the legal and sales departments are also growing.
Before a company has the intention to buy software, there is usually an internal event that triggers the process. Often it is an administrative bottleneck or a non-functioning work process, which sooner or later leads to an overload or frustration of the employees.