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Whether you are an independent contractor, sole proprietor, small business, medium-sized business, or large enterprise - digital contract management platforms are designed to keep you on schedule with agreements as well as organized should you ever need to refer back to a contract. Some of the best platforms for user e-signing are PandaDoc, signNow, and DocuSign.

Contract management refers to the automation of processes surrounding creating new contracts, storing and tracking existing documents, managing contract terms, and overseeing contract renewal or termination.

One key function that contract management software provides is housing all a firm’s contracts in a digital repository. This means that businesses and legal entities no longer need to keep track of paper contracts stored in file cabinets. Although, some contract management systems support paper contracts by allowing users to print physical contracts and/or scan in signed contracts.

Basic contract management tools focus on creating contracts from templates and/or storing signed contracts. More complex contract lifecycle management (CLM) software is designed to help organizations automate every stage of the contract process. This includes all contract management stages from the approval workflow to checking contracts against compliance regulations and monitoring important contract milestones.

Timestamps
00:00 Introduction - Contract Management Platforms
00:23 signNow
01:20 PandaDoc
02:30 DocuSign
03:21 Conclusion

#contractmanagement #pandadoc #docusign #signnow #esignature

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