I have spent the last 2 months investigating the best contract management software and am still at a loss as to which product to get. A colleague of mine worked at Pellston Regional Airport in Pellston, MI and he said they never used that style of software and could not understand why I want to buy this type of software. I tried to show why I need to use contract management software by first explaining what the software is designed for:

Contract management software lets organisations to effectively manage the various types of contracts they use. This specific type of software can ensure very consistent contracts which details payments, deliverables, commitments, and compliance terms of the contract.

So that is effectively what contract management software does or at a minimum what I am looking for it to do. There are a number of advantages of using particular contract management software. For example it:

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

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

Software I am thinking about getting includes the following:

• Open Windows
• IntelliContract
• Ketera Contract Management Express
• Accruent

I really should shorten the list to the top software based on features, cost, and then on online reviews. Product reviews are generally the quickest way to make the right decision before downloading software, especially this type of software.

My plan is to do a little more investigating to work out which programs offer the best features and the greatest value for money. It is not easy seeing as there are quite a lot of contract management software providers in Pellston as well as a number of IT businesses giving this as a service.