Who Should Own Contracts Within Your Organization?
Source: Contract Nerds
Working on a contract lifecycle management (CLM) solution means having plenty of time to think about contracts, who interacts with them, the role contracts play for businesses and how they can be managed most efficiently. Over time, and the more we speak to customers, it’s come to be our (possibly controversial) view that contracts are in fact your business’s single most important asset. Why do we think this? Well, consider just some of the important business areas that contracts cover: All meaningful revenue in to the business All meaning expenditure out of a business Intellectual property ownership, rights, and licensing…