I have spent the last few months searching for the best contract management software and am still not convinced as to which product to get. A friend of mine worked at Tag Aviation in Ridgefield Park, NJ and he said they never used that kind of software and could not comprehend why I want to purchase this specific type of software. I tried to show why I want to use contract management software by first discussing what the software is designed for:

Contract management software allows organisations to efficiently manage the many types of contracts they utilise. This kind of software can ensure very consistent contracts which displays payments, deliverables, commitments, and compliance terms of the contract.

So that is effectively 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:

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

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

Software I am researching includes the following:

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

I really have to shorten the list to the best software based on features, price, and then on customer reviews. Product reviews are generally the quickest way to make a final decision before downloading software, especially this type of software.

My next move is to do a bit more investigating to determine which packages offer the most features and the best value for money. It is quite difficult seeing as there are a lot of contract management software providers in Ridgefield Park as well as a number of IT businesses giving this as a service.