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This requires contract management software, or contract risk management software (CRMS), to become more dynamic and responsive. The terms of these capex contracts necessarily involve assumptions at the start of the process and are likely to change over the lifetime of the project lifecycle. For this reason, CRMS must be capable of recording one ...
If contract lifecycle management software is used, the signature stage can be done electronically via the internet which drastically reduces the amount of time this stage takes. Obligation - Each involved party and personnel will have their own set of responsibilities and obligations pertaining to the specific contract.
Ironclad is a software as a service company that makes contract management software. Founded in 2014 and headquartered in San Francisco, California, Ironclad provides a platform for legal and business teams to create, store, and manage contracts online in a process known as contract lifecycle management. [1]
Conga Corporation, doing business as Conga, is an American business-to-business software provider specializing in business process automation [1] [2] [3] and Contract Lifecycle Management (CLM) tools.
The company's flagship product, Icertis Contract Intelligence, is a contract lifecycle management platform, [13] which allows a company to digitize and store all of its contracts in the cloud. [1] [12] The platform utilizes artificial intelligence (AI) technology to identify problematic contract clauses and flag potential compliance issues.
Surround SCM [proprietary, client-server] – version control tool by Seapine Software; Synergy [proprietary, client-server] – MSSCCI compliant (Source Control Plug-in API) integrated change management and task-based configuration management system, proprietary of IBM
Agiloft is a low-code development platform that has prebuilt modules that focus on contract management and IT service management. [18] The platform is configured via a web-browser with dropdown menus and drag and drop tools to configure functions or build new applications. [19]
Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
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