Contract Management Software
/ˈkɒntrækt ˈmænɪdʒmənt ˈsɒftwɛər/
Definitions
- (n.) Software designed to facilitate the drafting, negotiation, execution, and administration of legally binding agreements.
The company adopted contract management software to streamline its procurement processes.
- (n.) A tool used to monitor compliance, deadlines, and obligations under contracts to reduce legal risk.
Using contract management software helped the legal team avoid missing key contract renewal dates.
Forms
- contract management software
Related terms
See also
Commentary
Often integrated with document management and compliance tracking systems to support legal risk mitigation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.