Contract Management | The Bridge between Legal and Business
When you say contract, you think 'legal agreements'. Are legal departments the only ones happy to get a modern contract management system to adequately manage contracts? No! Other departments will also benefit!
During CMD2024, Menno Steur and Lonneke Goei (Spendlinq) explained how Legal can build the bridge to both the business and procurement and how its role is changing from prescriptive to facilitating. They also explained the importance of good contract administration and management for procurement and finance, based on their experience with their clients. In the process, they also touched on some of the challenges you may encounter when implementing a contract management tool.