Contract Management System Review

Enterprises find themselves under constant pressure to mitigate contract risks, manage obligations, enhance regulatory compliance, achieve faster authoring, negotiation and sign-off cycle times.The Contract Management System by Vuram is for companies that frequently manage contracts with customers, and seek to establish best practice process and performance metrics. The Contract Management System by Vuram is a fully-configurable intelligent plug-and-play solution built on Appian, a leading low-code platform. The solution streamlines the contract life cycle and enables enterprises to effortlessly generate, organize, collaborate, review, store, track contracts and more. With built-in configurable workflows, reusable templates, centralized storage, AI / ML based actionable intelligence, version comparison capabilities, flexibility to adapt to business models and multi-language support, Vuram's Contract Management System can be seamlessly extended to manage the entire life cycle from Procure to Pay for enterprises.