Oops. A week slipped by and I hardly noticed. I’ve been totally engrossed with installing a new contract management system. I forgot the billions of decisions that have to be made… and forgot how hard it was to make changes after you started entering data.
But the benefits significantly outweigh the negatives. I simply can hardly wait for the first “event” to get e-mailed to one of my business owners telling them that a contract is up for renewal. They’ll ignore it, of course, but my first line of defense was at least present.
In the event that you’re in the market for a system, though, make sure you find one that’s appropriate for your size… and budget… and contract load. There are dozens of them out there – ranging in price from a few thousand to a few hundred thousand dollars. It’s easy, especially if you’re a contracts geek like me to get all googly about the various choices available. And Ken Adams has even gone so far as to start interviewing contract management system vendor employees to get a feel for the differences.
As the Knight Templar said to Indiana Jones “Choose wisely.” Granted, it won’t save your father, but it might save your sanity.