Contract Management - Links

Contract Management.   Contract management is the industry term for the development and maintenance of client/partner business agreements in a structured manner.

Today's complex commerce relationships involve multiple business processes and business partners throughout the supply chain. With this complexity come conditions and terminology relating to price, shipment, payment, quality, volume breaks, rebate policies, discounts, and so forth. Managing all of this, in particular if you have host of ever-changing partnerships, requires a serious commitment of time and resources. Today's contract management solutions make the leap from labor-intensive old economy ERP planning to efficient, dynamic business processing. The strength of contract management lies in automation: streamlining the management of each contract through the stages of planning, negotiation, storage, maintenance, and analysis.