I have spent the last couple of months investigating the best contract management software and am still at a loss as to which program to buy. A colleague of mine worked at Gladwin Zettel Airport in Gladwin, MI and she said they never used that kind of software and could not comprehend why I want to get this specific type of software. I tried to explain why I need to use contract management software by first discussing what the software is designed for:

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 advantages of using particular contract management software. For example it:

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

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

Software I am researching includes the following:

• Contract Connect
• Khameleon Software by Oracle
• Softrax
• Accruent

I really must shorten the list to the best software based on features, value, and then on customer reviews. Product reviews are frequently the quickest way to make a good decision before buying software, especially such important software.

My next move is to do a bit more research to work out which packages offer the best features and the greatest value for money. It is not easy seeing as there are a lot of contract management software providers in Gladwin as well as a number of IT businesses providing this as a service.