As has already been said, contract management is far from being the responsibility of digital solutions after execution. This is because the contractual language of computers is difficult to analyze and human managers are free to carry out contractual actions. But this is no longer the case. Contract Lifecycle Management Software users can now gain valuable insight into the performance of all contractual areas of law, finance, distribution and purchasing. Contract Lifecycle Management software includes a comprehensive analysis module that provides access to data such as cycle times, deviations, savings, risks, flow, extension statistics, and purchase and sale measures on contract revenues and expenses.
