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A cloud-based, centralized contract repository is a highlight of modern contract management software solutions. Prior to the technological advancements of today, traditional contract management processes were conducted manually – leading to disorganization, a lack of cohesiveness, and document loss. In these previous management methods, storing and sorting physical documents was very ineffective and risky. Contracts and related documents were often improperly categorized (or not categorized at all) in physical storage systems – leading to difficulty and time wasted when searching for a specific document in the repository.
Are you tired of spending countless time trying to find specific contracts, clauses, or other critical information?
The Dock 365 Contract Management System (CMS) uses a centralized contract repository. In this repository, you can create, store, sort, and manage contracts in one location, allowing you to find contracts quickly while increasing visibility. The contract repository includes an Optical Character Recognition (OCR) capability to convert old contracts and make them searchable within the database.