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Using cloud-based contract management software to gain a competitive advantage while assisting all departments throughout the contract lifecycle is the most effective way for your company to gain a competitive advantage. Cloud-based contract management makes contract collaboration and communication more user-friendly, greatly facilitating contract evaluations, discussions, and approvals in a centralized digital platform. Contract automation features are also available in cloud-based contract management solutions, allowing you to create rule-based automated workflows that can significantly speed up your organization's negotiating procedures.
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