Financial Controls


Involves managing the organizations debt, cash flow and receivables/payables.

Contract Lifecycle Management means different thing to different users some think it’s the automation of the request process to eliminate bottlenecks for legal and sales, others think of it as the negotiation, redline and versioning process and many think it’s the post live execution of active contracts; managing financial terms, delivery of product or service, managing obligations and more. The fact is its all of the above. The true definition includes any process that contributes, creates or utilizes contract data, is part of contract lifecycle management.

By Nathan Phillips

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s