Before getting started with contract management

. For a contract management project, as for any project, it is essential to have top management commitment on resources, goals, and schedule. Another important step is the nomination of project manager for contract management. Naturally, the goals and the schedule should be in line with the resources as well as the other way around. Once these basic preparations have been done, the project is set to get started. During the first phase one needs to consider the following tasks: scope of contract management, process definitions, contract manual / handbook, contract templates, software selection (as contract management tool), scanning and storing of contracts, interest groups, responsible persons, the starting point, and the order of progress both organizationally and operationally.The scope of contract management can be anything from single type of contracts (e.g. production contracts) in one department all the way to full-scale enterprise-wide contract management that covers all the departments, units, companies, contract and contractual/legal information.

 
To know more about Click here

contract management,  contract management database  , contract database