Contract Database Management

What is Contract Database Management?

Contract database management systems create organized repositories for contract documents that facilitate easy shared access to relevant documents based on indexed terms and search functionalities, and may include additional functionalities such as document assembly, approval and signature processing, obligation monitoring and notifications, and integration with CRMs.

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Bloomberg Law Launches A Product For Storing, Searching, Drafting and Negotiating Contracts
Does the corporate legal market need yet another contract lifecycle management product? Well, Bloomberg Law thinks it does. Last month, Bloomberg Law released a survey it conducted with legal news and information company ALM that found that nearly 75% of in-house counsel said that their contract workflow technology did not meet their needs, even though...
Bob Ambrogi
5/9/2023