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11 Reasons Why You Should Use a SharePoint Based Contract Management System

As a business user begins to use the system and become familiar with its processes, it is the implementation specialist's responsibility to plan for the need for ongoing support, change management, and the needs of the business user. Companies choose contract management systems to increase the efficiency and productivity of their contract management.

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11 Reasons Why You Should Use a SharePoint Based Contract Management System

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  1. 11 REASONS WHY YOU SHOULD USE A SHAREPOINT BASED CONTRACT MANAGEMENT SYSTEM

  2. One of the best ways to implement effective contract life cycle management is to use a SharePoint contract management system - Proverb

  3. Take a look at some of the reasons you should use a SharePoint contract life cycle management system SharePoint Based Contract Management System

  4. One of the biggest issues that comes up during contract life cycle management is human error By using SharePoint as the basis for your contract management system, you gain access to automated workflows that can cut out much of this human error Automated Workflows

  5. You can automate several parts of the contract creation process with special questionnaires By answer these questions, certain fields and clauses are filled and added to the draft of a new contract This can help your company maintain consistency in your contracts and speed up the contract management process Guided Creation

  6. Your contract management process needs to make it so it's incredibly easy to find your contracts SharePoint is a great tool for helping people search for their files SharePoint offers a robust number of searching options that can be used to make it easy to filter and find what you're looking for Contract Search

  7. You don't want to miss out important dates and deadlines like delivery dates, project milestones, renewal dates, and more Using SharePoint for contract management, you can set up automatic alerts and notifications when a contract reaches certain milestones or dates Alerts and Notifications

  8. One thing that can slow down contract life cycle management is waiting on signatures SharePoint contract life cycle management integrates with e-signature tools like DocuSign to eliminate the need for clunk signing processes E-Signature Integration

  9. If you're not using a contract management system, then you may not get accurate reporting of your contracts SharePoint contract management offers real-time reporting of what is going on with your contract management Reporting

  10. SharePoint and Office 365 are built on their reputation for facilitating collaboration A SharePoint contract management system would make it easy to share confidential documents securely both inside and outside your business Collaboration

  11. SharePoint and Office 365 are tightly interwoven with the rest of Microsoft's tools This includes Word, Excel, Active Directory, and Outlook This can help legal and contract teams to create, review, track changes, and assign user permissions to enterprise contract management process Microsoft Tools Integration

  12. As part of maintaining compliance, you need to make sure that your contracts are stored securely SharePoint makes use of Microsoft's secure, compliant servers to store you contracts and documents SharePoint contract management is highly secure and capable of keeping all of your sensitive contracts safe Secure Storage

  13. You need a contract management system that can scale with how you're growing SharePoint contract management is perfect for businesses and enterprises of any size The system can support up to 500 million documents - more than most companies will ever need Scalability

  14. Sometimes someone makes a change to a contract, but no one's sure what that change is You could use SharePoint contract life cycle management and use document version control. This allows you to track changes in real time so you can either go through and review them or roll them back if need be Version Control

  15. Contract life cycle management isn't a fun process, but it is a necessary one. Your company should consider adopting a contract management system so you can make CLM easy.

  16. Website: Email: • Number: Get in touch with us https://www.mydock365.com/ info@mydock365.com (904) 903-4475 FOR INQUIRIES:

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