Creating, negotiating and managing contracts is an essential part of any business, regardless of its size. Contract management is an intricate oversight process that follows contracts from pre-award to completion, including execution, vendor selection, issue detection and control, tracking and processing. Contract Management Solutions can incorporate clause libraries, repositories filled with standardised template clauses that have been pre-constructed and pre-approved typically by general counsels in the legal department of a company and by partners in a law firm thus reducing reliance on the Legal Department during contract negotiation. When implemented properly, contract management processes ensure that budgets and abilities are in alignment with project objectives. This book guides the user through contract management options for different sized organisation with different resources available from micro-organisations looking for a bespoke contract metadata solution, via small organisations looking to implement contract metadata within a SharePoint Document Management System and medium sized organisation looking to utilise a third party vendor SaaS system including a clause library metadata model to large organisations looking to take advantage of smart contracts with case studies including legal, financial product master agreements, supply chain and verification of product authenticity and provenance.Malcolm Gloyer, Chartered Member of the Chartered Institute for Securities and Investments, explains some solutions to the challenges of establishing and managing a Contract Management System of varying complexities in different sized organisation. As a Certified Practicing Project Manager (CPPM MAIPM), Malcolm has more than 30 years’ experience working on projects in the UK and Australia, specialising in data strategy, marketing and artificial intelligence.

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