Contracts are the backbone of any organization, and any error in the contract can jeopardize the business relationship causing negative consequences. Therefore, when engaging in a business relationship, the contract should be well-defined and describe the roles and obligations clearly.
One of the biggest mistakes an organization can make is storing paper documents in a physical form instead of using software. The contract management software acts as a repository that could be accessed from anywhere in the world and uses strong encryption to secure the documents. Most mistakes can be avoided by using contract management software that uses AI, ML, and […]