CONTRACT MANAGEMENT SYSTEM

A contract is a written or oral legally-binding agreement between the parties identified in the agreement to fulfill the terms and conditions outlined in the agreement. A prerequisite requirement for the enforcement of a contract, amongst other things, is the condition that the parties to the contract accept the terms of the claimed contract. Historically, this was most commonly achieved through signature or performance, but in many jurisdictions - especially with the advance of electronic commerce - the forms of acceptance have expanded to include various forms of electronic signature... Free Contract management or contract administration in Australia like in other jurisdictions is the management of contracts made with customers, vendors, partners, or employees. The personnel involved in contract administration are required to negotiate, support and manage effective contracts. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with..