A great article written by Windows IT Pro magazine recently indicates that there is possibly light at the end of the tunnel for beleagered IT managers hoping to achieve the seemingly impossible goal of aligning IT with the business – in the form of Contract Management software.
Is contract management a problem?
Well yes, for many organisations, who spend 3.4 weeks on average (according to Forrester Research) drafting and negotiating contracts, often involving expensive external lawyers and highly paid senior managers, only to effectively throw away the contracts into departmental filing cabinets, computer hard drives or electronic repositories once the contract has been signed. That is a problem because all of the obligations, commitments, milestones, penalty clauses and bonus payments that comprise an organisation’s contract landscape are now effectively hidden and lost to the enterprise.
Contract Management software
Contract Management software solutions help organisations to streamline their contract drafting, approval and archiving processes, as well as allowing key business managers to manage key contract milestones and obligations more effectively through the use of advanced reporting and analytics.
Dolphin Contract Manager
Dolphin Contract Manager from Dolphin Software provides all of these functions within the familiar environment of Microsoft SharePoint and Office 2007. Dolphin Software’s Contract Management system provides role-based access to the system, allowing both contract-specialist users and non-specialist business users to use the system.
Microsoft Office Business Applications (OBAs)
For the 60,000 organisations that have licenced Microsoft Office SharePoint Server 2007 (MOSS 2007) around the world, solutions like Dolphin Contract Manager provide a compelling business context to SharePoint. Dolphin Software has used SharePoint as an application development platform that exploits the existing functionality of SharePoint and enhances it to provide a world-class contract lifecycle management solution.