I have spent the last couple of months investigating the most efficient contract management software and am still not convinced as to which program to buy. A relative of mine used to work at Port Of Tillamook Bay – Shop in Tillamook, OR and he once said they never used that type of software and could not comprehend why I want to get this specific type of software. I tried to show why I need to use contract management software by first explaining what the software does:

Contract management software enables enterprises to easily manage the different types of contracts they use. This type of software can ensure standard contracts which shows payments, deliverables, commitments, and compliance terms of the contract.

So that is what contract management software does or at least what I want it to do. There are many advantages of using specific contract management software. For example it:

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

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

Software I am thinking about getting includes the following:

• Finetooth
• Contract Insight
• Softrax
• Memba Context

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

My next step is to do a bit more research to see which programs offer the best features and the best value for money. It is difficult seeing as there are so many contract management software providers in Tillamook as well as a number of IT businesses giving this as a service.