Colleges, universities, and other education institutions draft, negotiate, and approve a myriad of contracts with vendors, partners, suppliers, and employees every year. Actively managing contracting processes and maintaining formal relationships can be difficult and time-consuming. This holds especially true for the many universities that don’t have a system in place for the contract management process. In 2026, these challenges are even more pressing as higher education institutions face increased financial strain, heightened regulatory constraints, and greater pressure to modernize procurement and compliance workflows.
