Post sign-off contracts are often locked away in cabinets and forgotten. This treatment of contracts can lead to dangerous consequences including heavy fines, loss of reputation and financial losses due to non-compliance of certain regulations. This is especially true in today’s constantly changing and uncertain state and federal regulations.
To deal with the regulatory changes and to ensure maximum returns from the contracts, it is essential to have high visibility into your contracts post sign off. Forgetting contracts post sign-off is no more a viable option. This is only possible with a sophisticated, state of the art contract management solution.
Read this white paper to get insights on the following:
- What’s wrong with traditional/manual methods of contract management
- Challenges to effective post-award contract management
- Benefits of automated post-award contract management