Contracts are the foundation of business and have always played a huge part in the daily routine of legal departments. However, their management is still considered complex and time-consuming by most lawyers.
While other areas of the company have long since evolved towards digital and automated systems, contract management is still vastly a manual process. This causes companies to lose a large amount of time and money.
However, while technological solutions are flourishing, some lawyers find it difficult to obtain a budget for these solutions.
And this is understandable. As lawyers, we are not necessarily used to selling a solution internally, calculating ROI, or adopting a project management mindset.
For these reasons, through this guide, we hope to provide you with the necessary structure to convince your company to invest in a contract management solution of your choice.