Contract Management Process
Contract management includes document management of employee contracts, customer contracts, and agency contracts. A comprehensive approach ensures reliable contract documentation. A solid contract shows a company's commitment to its customers, which in turn strengthens the business relationship. Establish the contract The first step is to establish the contract. The collection of relevant data is essential. The department responsible for the contract identifies the goods and services that the potential customer needs. This includes product information such as product details, features, specifications, prices, terms and conditions, payment options, and promotional programs. The duration of the contract should also be indicated. Draft…