I have spent the last 2 months looking for the best contract management software and am still unsure as to which product to get. A colleague of mine worked at Elements Atlanta INT Airport in Atlanta, GA and he said they never used that type of software and could not comprehend why I want to buy this specific type of software. I tried to discuss why I need to use contract management software by first showing what the software is used for:

Contract management software enables enterprises to easily manage the different types of contracts they engage in. This type of software can ensure standard contracts which details payments, deliverables, commitments, and compliance terms of the contract.

So that is effectively what contract management software does or at least what I would like it to do. There are a number of reasons for using specific contract management software. For example it:

• easily automates the contract cycle
• increases compliance on both sides
• lowers risk
• provides contract clarity

There are other advantages but those are what matters most to me and frequently to other organisations.

Software I am considering includes the following:

• Finetooth
• Khameleon Software by Oracle
• Ketera Contract Management Express
• Accruent

I really must reduce the list to the top software based on features, value, and then on customer reviews. Software reviews are generally the quickest way to make a final decision before downloading software, especially this kind of software.

My next move is to do a little more reading to determine which packages offer the greatest features and the most value for money. It is not easy seeing as there are quite a lot of contract management software providers in Atlanta as well as a number of IT businesses presenting this as a service.