An ‘App-Centric’ Approach to Contract Management
An “app-centric” approach to contract review and approval brings immediate transparency to the process, reports Onit Inc. in a white paper now available for download.
The white paper addresses why tools like email and spreadsheets fall short, why traditional approaches are not sustainable, how Apps are reinventing the contract review and approval process, and why Apps are the wave of the future.
On its website, Onit says multiple parties are often involved in the review, approval and negotiation of a contract. Unfortunately, there is limited visibility into the process. Business owners typically rely on email for status updates but it is very difficult to know:
- Who is reviewing the contract
- Who has the latest version
- What is the next step
- What is the deadline and expectations
