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Making a Business Case for Contract Technology

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A well-designed enterprise contracting capability knits together multiple departments (and their supporting technology systems) so that contracting is conducted with full knowledge of the extent of the corporation’s relationships with suppliers, customers and partners (including those with multiple roles) across the enterprise, according to an article published by ALM.

Lindsey Pitt, Vice President, Legal Operations Consulting, Epiq: "With digitized the contracting process, contracts become sources of structured data, which can be harvested and analyzed. Systems integrations are critical for the transfer of data, not only to move things along, but to provide insights to support decisions and prompt timely action over the course of a business relationship."

Read the full article here.

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Carrie Trent