Contract Life-Cycle Management Software Market to Reach at CAGR of 13.59% Between 2017-2021
Contract life cycle management software enables the organization to manage the life cycle of the contracts created or governed by the company. These include third-party contracts such as procurement, sales, leasing, outsourcing, intellectual property, facilities management, nondisclosure, and other licensing and agreements containing contractual obligations. Contract life cycle management encompasses all processes related to the contractual agreement from initial request through contract discovery, execution, approval, order tracking, authoring, negotiation, valuation, compliance management, auditing, reporting, and dispute management.
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