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I am looking for a few recommendations on contract management system for procurement

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Hi guys,

I am looking for a few recommendations on contract management system for procurement. I run a small business. It was really hard to get a contract in the beginning, but now we sign around 7-12 contract in a month. We used to manage and document the details of the contracts in spreadsheets. But due to the current situation it has become hard to do the same with just spreadsheets. So, I am looking forward to a solution that’d be simple and easy to manage. Some of the features that I’d need in the systems are:

  • Ability to monitor and control the financial aspects of our contracts.
  • Ability to create workflows and automate approvals and requests.
  • Obviously electronic signature integration.
  • Ability of timely notification so that we don’t miss any deadline
  • Integrate all the contracts we are currently working on and upload all the details regarding the same.

I am doing my online reading about CMS and found a few contract management systems as impressive. Since I am running on tight schedule, I don’t have time to spare. My friend has been using Dock 365's HRMS for the past few years so he suggested trying their contract management software for procurement. Though, I like his suggestion, I’d like to explore my options before going further. So, I greatly appreciate your help here. Also, I’d like to mention that it is better if you could suggest some platform independent CMS too.

Thank You!

I have the same question (0)
  • Suggested answer
    Gaurav verma Profile Picture
    2 on at
    I am looking for a few recommendations on contract management system for procurement
    Hello There,
     
    When choosing a contract management system for your small business, it's essential to consider your specific needs and requirements. Legitt AI is a strong contender, offering AI-driven contract management that automates drafting, review, and approval workflows, making it highly efficient for procurement processes. Ultimately, the best contract management system will be the one that meets your feature and functionality needs at a price you can afford. 
  • kgerig Profile Picture
    15 on at
    RE: I am looking for a few recommendations on contract management system for procurement

    Hello there,

    Check out Contracts365.com.   Small businesses that use Microsoft Suite/Dynamics are their sweet spot. They only work with Microsoft customers because their solution is built purposefully on this integration.  

    They have a lot of info on their site about their solution and how it integrates with Microsoft and Dynamics and are also implementing a big AI solution in partnership with Microsoft.   Here are some resources:

    www.contracts365.com/contract-management-software-for-microsoft-dynamics-365

    Dynamics Solutions Brief

    Microsoft AI/Contracts 365 partnership

    Best, Katchen

  • Angitha Profile Picture
    20 on at
    RE: I am looking for a few recommendations on contract management system for procurement

    Hi,

    There are a few different contract management systems that might work well for your small business, depending on your specific needs and preferences.

    When choosing a contract management system, it is important to consider your specific needs and requirements. You might want to explore Dock 365's Contract Management Software, which offers a free demo. Their cloud-based system might help businesses with their procurement process. Ultimately, the best contract management system for your business will be the one that offers the features and functionality you need at a price you can afford.

  • Community Member Profile Picture
    on at
    RE: I am looking for a few recommendations on contract management system for procurement

    Hi,

    What app are you using now?

    Regards,

    Leah Ju

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