View the results of an online survey conducted by an independent research consultant with Merrill that outlines the challenges of implementing a contract management system.
Gain insight into how contracts are currently being managed as well as the real and perceived challenges of adopting a contract management system (CMS) in Merrill DataSite Contract Management: Ten Critical Challenges for Contract Professionals. Based on a survey of contract management professionals, most businesses without a current CMS solution have identified the need for one and are open to an adoption in the future. This is likely because contract management tasks—from creating and running reports or analyzing contract information to tracking versioning of contract language and assigning accountability for contractual obligations—have become more painful across nearly every dimension of the business, according to the results of the survey.
- Top 10 chart measuring areas where contract management pain increased from 2013 to 2015
- Satisfaction ratings with internal contract management systems
- Features and benefits that come as standard with the Merrill DataSite contract management solution