Category #1

How to Choose Contract Management Software

So you're finally getting that contract management software you've been waiting for. No more scrambling to find contracts at the last minute. No more wasting time reviewing complicated legal documents just to find a simple clause. And no more missed renewals and compliance penalties.

Your new contract management software is going to make all those headaches disappear.

That's the hope at least. But the reality is many contract management tools simply don't deliver on these promises. And some of them actually make things worse.

The good news is your contract management software doesn't have to be complicated to be effective. In fact, it only needs to do four things to solve 90% of your contract management problems.

In this video, I'll explain what you should look for in a contract management solution.

The Wrong Way to Implement Contract Management Software

I was genuinely excited. We'd spent six long months building the requirements for our new ERP solution. This was going to make things easier for my team, increase productivity, and give us more visibility into our contracts. But I wasn't the only one specifying requirements. The ERP vendor was going around asking every other department what they wanted in a solution too (as they should).

When all was said and done, they'd created a monster. The final product was nothing like I had imagined it to be. It was cumbersome, complicated, and it didn't make anyone's life easier.

In this video, I'll explain why it's always a bad idea to revolve your contract management process around a piece of software.