I have spent the last 2 months looking for the best contract management software and am still not convinced as to which product to get. A relative of mine used to work at Crowne Plaza Burlingame Hotel in Burlingame, CA and she said they never used that style of software and could not make sense of why I want to buy this type of software. I tried to discuss why I need to use contract management software by first showing what the software does:

Contract management software lets organisations to effectively manage the many types of contracts they engage in. This specific type of software can ensure standard contracts which shows payments, deliverables, commitments, and compliance terms of the contract.

So that is basically what contract management software does or at least in my case what I am looking for it to do. There are many reasons for using purpose built contract management software. For example it:

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

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

Software I am researching includes the following:

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

I really should shorten the list to the most effective software based on features, cost, and then on online reviews. Software program reviews are often the easiest way to make a final decision before downloading software, especially this type of software.

My plan is to do some more investigating to work out which programs offer the most features and the greatest value for money. It is quite difficult seeing as there are so many contract management software providers in Burlingame as well as a number of IT businesses providing this as a service.