Contract lifecycle management is on companies’ agendas
In 2019, as companies determine the direction of their digital transformation efforts, opportunities abound to re-examine contract management processes and technology. And it appears this process has already begun. According to Forrester, more than 60% of organizations say they intend to improve their contract management capabilities within the next year. Companies that decide to settle for the contractual status quo are in the minority, and will grow ever-more outdated.
In the State of Contract Management 2019, we present a snapshot of how contracts are currently handled in the modern workplace, along with the persisting pain points with — and employee attitudes toward — technology.