How do you manage the content of a contract?

Reading Time: 10 minutes

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Introduction

How do you manage the content of a contract?
Once you know where your contracts are and when they expire (or renew), it's time to look at the content. What agreements are in the contract? Who should keep track of it? And how do you organize that?

Conclusion

By managing the agreements from your contracts at the right time, you achieve the highest return. Practice shows that you need a system to send notifications when it is time to take action.

Contract Management eBook: How do you manage the content of a contract?

Notification Contract Management Excel Storage Enddate Indexation Stakeholder Evaluation Reports Contract Owner Return on investment Contract Arrangements Content Contracts Legal Automating Purchasing

Reading Time: 10 minutes

Content eBook

What is this eBook about

What do you want to manage and why?

By managing your agreements you get the highest return from a contract. Consider, for example, an indexation. At time X you want to be sure that you will not be charged too much indexation on amount Y.

Who is concerned with which agreement?

If you receive a notification for every important appointment, you will soon receive a lot of notifications. What are you going to do with that? Read all? Or just click further at busy times? Managing contracts turns out to be difficult on your own.

Achieve the highest return

By managing the agreements from your contracts at the right time, you achieve the highest return. Practice shows that you need a system to send notifications when it is time to take action.

Timely notifications

Who receives all notifications? Ideally, these are the stakeholders in the agreement. They will be able to take the quickest and best action.

Where are the stakeholders?

The stakeholders can be located anywhere in the world. Inside and outside the organization. That is why a cloud solution is obvious.