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Important criteria for the right software selection

Increasing digitization affects almost all processes and business areas of a company. Digital contract management in particular opens up opportunities and competitive advantages for you. For example, contract management systems lead to greater transparency and avoid inconsistencies in contract management. Ultimately, these systems help to cut costs and speed up contract processes generally. Are you considering the idea of implementing a contract management system — but you're not sure what to look out for in the process?

This guide is designed for companies that are on the verge of change and are looking for a suitable software solution for their contract management. But you don't know which criteria to use to select this software? In our guide, we want to take you by the hand and guide you through the selection process with the help of checklists.

What you can also expect in this guide:

• How does contract lifecycle management work?
• Comparison of paper-based and digital contract management
• Excel spreadsheet vs. software suite
• Advantages of digital contract management
• Five steps to software selection based on checklists

In addition, the contract landscape that companies in different sectors are facing increasingly requires a rethinking of previous contract management. Both specific and general changes in requirements mean that this landscape is becoming more and more challenging. To counteract this very problem, a digital contract lifecycle management system can be easily integrated into your processes.

Learn how to take the first steps and how to implement them in our guide.