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Regardless of industry or size, contracts are among the most important documents managed across the enterprise. They are voluntary, deliberate, and legally binding documents that have
explicit expectations for both parties. Contractual documents are created, negotiated, and managed for all mission critical business purposes including procurement, sales, intellectual
property, real estate property, information technology, and more.
Contract documents dictate the financial, business, and legal terms and define the relationships between suppliers and customers. With the proper visibility and compliance, contracts can
simplify all business processes. Making processes more efficient and effective is critical in successful corporate governance and overall management best practices.
To know more about open source contract management solution, read the full whitepaper: