What is the purpose of a contract management system?

1 Answer

Answer :

If a company has a high volume of contracts managing them can be tough. A contract management system will make keeping track of contracts easy.

Related questions

Description : What contract management system is better for multiparty negotiation?

Last Answer : There are a lot of them but i would recommend you to try Contractlogix (it is not very popular but still), Parley Pro, or Concord (but the last one is better for large businesses). If I'm not ... every of them. So its up to you to try and decide which one is better fot your particular needs.

Description : Which contract management system software allows me to track my contacts?

Last Answer : All contract management system software allows you to track contackts. The softwares are designed to help businesses manage their contractual agreements with customers, partners, and employees.

Description : What is one purpose of contract administration?

Last Answer : Need answer

Description : A building intended to be used for commercial purpose will be required to follow Energy conservation building code under Energy Conservation Act, 2001 provided its a) connected load is 120 kW and above b) ... and above c) connected load is100 kW and above or contract demand is 120 kVA and above

Last Answer : c) connected load is100 kW and above or contract demand is 120 kVA and above

Description : A warranty is a stipulation which is A. Essential to the main purpose of contract of sale. B. Essential for buyer's specific purpose. C. Collateral to the main purpose of contract of sale. D. None of these

Last Answer : C. Collateral to the main purpose of contract of sale.

Description : As per the doctrine of caveat emptor incorporated in Section 16, there is no implied conditions or warranty in a contract of sale as to the A. Merchantability. B. Wholesomeness. C. Quality or fitness for buyer's purpose. D. None of these.

Last Answer : C. Quality or fitness for buyer's purpose.

Description : A stipulation which is essential to the main purpose of the contract and if proved false, gives the buyer a right to terminate the contract, is legally known as A. Condition B. Warranty C. Guarantee D. None of these

Last Answer : A. Condition

Description : The delivery of goods by one person to another for some purpose, upon a contract and that they shall, when the purpose is accomplished, be returned or otherwise disposed of by accounting to the ... then it is called: A. Contingent contract B. Bailment C. Pledge D. Contract of indemnity

Last Answer : B. Bailment

Description : A stipulation which is essential to the main purpose of the contract and if prove false give the buyer a right terminate the contract is legally known as a) guarantee b)condition c) warranty d)none of these

Last Answer : c) warranty

Description : Warranty is a contract means a) collateral to main purpose b)condition to main purpose c) representation to main purpose d)none of the above

Last Answer : a) collateral to main purpose

Description : Representation of contract for the main purpose are called a) warranties b)conditions c) agreements d)members

Last Answer : b)conditions

Description : Can I integrate contract lifecycle management tool with ERP?

Last Answer : Yes, for sure there are some contract lifecycle management tools that allow you to integrate with your ERP and other systems. It is possible in this clm parleypro com. You may also look for some ... your ERP, but be sure to read about these conditions on their website or check with their support.

Description : What is the most practical contract management solution for procurement teams and departments?

Last Answer : I suppose that you might like Parley Pro. I saw a whole section for procurement teams on their website. At least you can try a free trial period and then decide if it satisfies you or not.

Description : What do law firms need to optimize a legal contract management process?

Last Answer : I guess that to optimize a contract management process in law firm its important to automate as many mundane tasks as it is possible, keep all contracts in one repository. And obviously they ... contract management software. Something like Parley Pro, they seem to fit all the demands listed above.

Description : Who makes the best contract management software?

Last Answer : ContractAssistant.com provide most satisfactory service in this arena. they offer Affordable Contract Mgmt Software. you can Save ample amount of Time & Money.

Description : What is the best contract management software for a small business?

Last Answer : There are many softwares available. The best one for small business is CobbleStone Systems.

Description : ) One of the initial project documents, issued by senior management, which outlines the  authority of the project manager, is called Project charter. As a seller, what other document can  be used in this place: 1. Work breakdown structure  2. Project scope  3. Contract  4. Internal memo

Last Answer : 3. Contract

Description : From a contract management perspective, the project manager must consider the: 1. acquisition process 2. contract administration  3. ecological environment  4. offer, acceptance, and consideration  5. a and b

Last Answer : 5. a and b

Description : The contract administration function includes: 1. funding management  2. managing relationships and interfaces  3. performance control  4. all of the above

Last Answer : 4. all of the above

Description : The mode of entry into international business with least risk to the firm is: A. Indirect exports B. Direct exports C. Management contract D. Contract Manufacturing

Last Answer : Indirect exports

Description : Arrange the following Acts in the order in which they came into force. (i) The Monopolies Restrictive Trade Practices Act (ii) Indian Contract Act (iii) The Sale of Goods Act (iv) The Foreign Exchange Management Act A. (il), (iii), (i ... (ii) C. (i), (ii), (iii), (iv) D. (iv), (iii), (ii), (i)

Last Answer : B. (iii), (i), (iv) and (ii)