Suggestion on choosing a contract lifecycle management service for my company.

Hey all,

I need your suggestion on choosing a contract lifecycle management service for my company. My company was founded not too long ago. But the company has been grown since then. I work in the procurement team, which obviously involves processing of supplier terms, and keeping tracking of their renewal dates. Before the pandemic we were managing and tracking our contracts manually. But due to the same situation we are finding it difficult to manage everything manually. So, we are now thinking of getting a contract lifecycle management software to automate the process and to get the other teams such as the legal, sales, HR and finance to a single platform to make the whole process easy and smooth. My friend has been using Dock 365’s vendor management software for the past few years so he suggested trying their contract lifecycle management service. And I don’t see any reason why I shouldn’t give it a try. But, as my company has decided to go with the contract management software, I don’t think it’d wise to just choose a tool without doing any further research.

Looking forward to your reply.

Thank You.

 

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