Thursday, May 26, 2005

Good reasons ti implement Contract Management

There are three major ways to enter into the ideas of contract management software. I'd like to present them to help you understand why contractmanagement is so important:

* Contract management software gives flesh and bones to today's notions of e-business. If e-business is the process of reaching your constituents with the right information and transactions at the right time, then contract management software is the way to make an e-business real and workable.
* Contract management is an antidote to today's information frenzy. Web sites are getting out of control; we are expected to harvest good information from wider and wider contributor bases; and we are expected to make information entirely reusable so that it can be distributed at anytime to anyone. Contract management software can help you organize and direct your contracts to keep it under control.
* Contract management addresses one of the key unanswered questions of the coming Information Age: "How is it possible to give particular value and substance to a 'piece' of information?" Contract management systems create and manage pieces of information and tag them with all the information you might need to figure out what they are worth.