I have spent the last couple of months investigating the most efficient contract management software and am still unsure as to which way to go. A relative of mine briefly worked at Blimpie in Charlottesville, VA and he said they never used that style of software and could not comprehend why I want to purchase this kind of software. I tried to show why I need to use contract management software by first showing what the software is used for:

Contract management software lets companies to easily manage the different types of contracts they utilise. This type of software can ensure very consistent contracts which details payments, deliverables, commitments, and compliance terms of the contract.

So that is what contract management software does or at a minimum what I want it to do. There are a number of advantages of using purpose built contract management software. For example it:

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

There are other advantages but these are what matters most to me and frequently to other businesses.

Software I am considering includes the following:

• Open Windows
• IntelliContract
• Ketera Contract Management Express
• Memba Context

I really should reduce the list to the best software based on features, value, and then on online reviews. Product reviews are frequently the best way to make the right decision before purchasing software, especially this type of software.

My next step is to do a bit more investigating to determine which products offer the best features and the greatest value for money. It is difficult seeing as there are so many contract management software providers in Charlottesville as well as a number of IT organisations giving this as a service.