Managing Contracts with Document Version Control Software

Who has not sent an email without the attachment that we meant to send or - worse yet - an earlier version of a document that a customer, executive, or attorney requested that you modify?

Indeed, to err is human, and to deploy contract lifecycle management (CLM) software is divine. And that includes the control functionality that a CLM typically offers. Without it, how else would you manage important business agreements - from creation to close? Have the author add to or revise contract versions manually, and hope that the other party to the agreement does not change the file naming convention or the file order somewhere along the way? Cross your fingers that you do not drop the contract into the wrong customer folder or skip a version altogether?