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Pros and Cons of Contract Management Systems Explained

Keys differences among the five basic systems are covered in Finding the Right Contract Management System.

Workflow, function, implementation and cost are key considerations in choosing a contract management system, according to Finding the Right Contract Management System, produced by Merrill Corporation. Since internally built systems are difficult to scale, companies are faced with a choice of four other contract management systems: IT-built, ERP integrated, vendor-built and installed, or vendor-built and Web-based. Learn the strengths and downsides of each system type—including implementation hurdles, technical demands and ongoing costs.

What's covered:

  • Comparative analysis of main system types by functionality, workflow integration, implementation timeframe, IT resource impact and total cost
  • Feasibility assessment factoring in business need, urgency, technical requirements and budget

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