OVERVIEW
Many organizations have implemented SharePoint in their organizations today and have significant investments in terms of infrastructure, personnel and administrative capabilities.
DESCRIPTION
As organizations look to streamline sales, vendor and legal processes within the organization and get more efficient in improving turn around times for customers, there is a need for more formal contracts management processes. Better contract management leads to process efficiency, quicker turn around times for customers and vendors along with better compliance to planned revenue and spend activity within the organization.
Adhoc or semi-formal contract processes in organizations today lead to significant delays in the process, errors in review, inadequate contract controls and missed milestones or obligations all ending in significant revenue loss, time and expense.
