5 Contract Management Reports That Can Help You Become a More Strategic GC
When businesses have large contract portfolios, tracking the contract lifecycle from initiation though award, compliance and renewal can become a burden without the proper reports, according to WoltersKluwer.
“No matter the information you need – from expiring contracts, contracts awaiting signature, to specific contract values – it should always be close at hand,” according to the article at Lexology.com. “With organized contract management reporting, you can pull critical information such as contract review dates and values and sort contracts by contract owner, responsible departments and counter-parties, to inform business decisions.”
The contract management reports discussed include expiring contracts, draft contracts, pending signature, active contracts and inactive contracts.