Whois & Analysis for simplicontract.com

Contract Lifecycle Management (CLM) is the proactive, methodical management of a contract from initiation through award, compliance and renewal.

Implementing CLM can lead to significant improvements in cost savings and efficiency.

Understanding and automating CLM can also limit organizational liability and increase compliance with legal requirements.

Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.

The personnel involved in contract administration required to negotiate, support and manage effective contracts are often expensive to train and retain.

Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.

It can be summarized as the process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk.

Automation is the technology by which a process or procedure is performed without human assistance.

Automation or automatic control is the use of various control systems for operating equipment such as machinery, processes in factories, boilers and heat treating ovens, switching on telephone networks, steering and stabilization of ships, aircraft and other applications and vehicles with minimal or reduced human intervention.

Some processes have been completely automated.

Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

Simply put, it is "any activity or enterprise entered into for profit.

It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.

Computer software, or simply software, is a generic term that refers to a collection of data or computer instructions that tell the computer how to work, in contrast to the physical hardware from which the system is built, that actually performs the work.

In computer science and software engineering, computer software is all information processed by computer systems, programs and data.

Computer software includes computer programs, libraries and related non-executable data, such as online documentation or digital media.

Computer hardware and software require each other and neither can be realistically used on its own.