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Contract management software is a particular type of software or program designed to make the management of hundreds—or even thousands—of, usually, co-terminating service, maintenance, or support contracts between various clients and similar buyers. The problem, as it was, used to be that companies would spend quite a deal of effort and time in creating spreadsheets that tabulated and catalogued all their products. It was either that or a confusing in-house system that only made things harder to track down. This was highly inefficient for the company. Why continue doing things in this way when there is an easier way of doing things? This is what Reniew tried to answer. Having experienced the same kinds of problems when managing their own business, they decided to come up with contract management software specifically designed to eliminate the hassle and clutter of multiple spreadsheet. This was done by collating all related data and filing it away in the same place. All the related and associated information, such as product numbers, models and makes of products, and the clients, vendors, buyers, and all other information are put together in the same place. The information is organized by type and is viewable in a single list. This list allows you to bring up any particular contract or client, and even edit and save information by bulk, effectively eliminating the need to go through each and every single contract under the same name. Pricing, renewal, and termination can be done with a few simple clicks. Keeping track of all your products, as well as managing all the data, is so much easier. Its user-friendly interface lets you search for information, using a built-in search engine, and lets you edit the data on the fly, while keeping your other tasks in tabs that you can easily switch to. This single dashboard that controls all your tasks creates a clutter free space so you can concentrate on what’s important. Billing also becomes much easier with its automated invoicing system. You will receive a notification when a contract is about to end, whereby you have the option to change details of prices, renew, or terminate said contract. With this contract management software, it is ensured that you will never miss another billing again. Your cash flow is maintained and kept secure. When all is said and done, all you have to do is just lean back and renew your contracts when needed. It is really that easy to do it. Think of the $150 monthly fee as a long-term investment. By reducing the amount of work done, you can redirect all that effort and time onto bigger and better projects, reeling in more and more clients. There have also been studies that showed having a reliable system like contract management software taking care of your managing needs significantly reduced the chances of financial and legal risks. Contract management software can easily reduce loss in your company and allow you to better assess and avoid all such risks. If you are looking for information regarding contract management software click on the link. Or you can visit Reniew website at http://reniew.com/ for a contract renewal software.
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