Proper contract management is vital for the health of an organization’s contract lifecycle. Despite the importance of forming a solid foundation for contracting, most organizations do not use a contract playbook. Considering that these tools for contract procedure establishment are instrumental in helping many departments within an organization to share a universal understanding of standard contract processes and improve contract performance, this is surprising. When a contract playbook is paired with leading contract management software, organizations are equipped with powerful tools for efficient, cost-effective, and organized contract management. Given the importance and under-use of contract playbooks, here is how organizations should establish them for next-level, automated contract management.
Developing a Contract Playbook with Contract Automation
4 min read
Topics:
contract writing
contract writing solution
E-signatures
Contract Management Software
signatures
Contract Management
VISDOM AI
Contract Artificial Intelligence
contract clauses
Contract Management AI
AI-Based Contract Management
IntelliSign
contract playbook
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