Choosing Sharepoint or Contract Management Software
Contract Management Software
Contract management can be time-consuming and tedious when left to manual processes, so businesses often implement software to help them take control of their legal documents.
Since so many companies already use SharePoint for collaboration and content management needs, it’s common for these companies to explore whether it can also serve as a contract lifecycle management system. SharePoint is a great solution for those with basic file sharing and collaboration needs, while dedicated CLM software offers its own set of benefits geared towards helping legal teams store, manage, track, and report on corporate agreements.