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Every company has to go through contract management process. There will inevitably be a time where your business has to manage a written agreement with another business. Whether this is a partnership, a purchase, or the solicitation of a vendor, you will have to have a contract agreement. Most people think of the contract management process as simply writing up an agreement and signing it, but that's not the case.
One question that we run into time and time again is people asking what is the difference between a document management system and a contract management system. While the two perform similar functions, they each have a different purpose and have specifics to their functions that make them distinct. While you might think that you can get by with using a document management system to manage contracts, it won't ever be as effective as using a dedicated contract management system. Likewise, storing normal documents in a contract management system would have you losing out on a lot of the power and versatility of a DMS. Thankfully, we know the difference and we want to make sure you do to. Read on to learn the differences between a DMS and a CMS.
You've probably already heard the term "content marketing" in the past. While business blogs have spent the last several years turning that phrase into a buzzword, that doesn't change the fact that content marketing can be an incredibly effective marketing tool.