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Running Head: EFFECTS OF TECHNOLOGY ON CONTRACTING PROCESS
Effects Of Technology On Contracting Process
EFFECTS OF TECHNOLOGY ON CONTRACTING PROCESS
Contracting process is the procedure of managing contract creation, implementation and
analysis to fully utilize the operational and financial performance in an organization or a business.
The contracting process have been considered as a very time-consuming element of business that
have led to the need for an effective and efficient computerized contract management system.
Contracts can affect businesses in a very great way, in that when the process of contracting is
phrased poorly, an organization or business may incur losses over something that they lacked the
technicality to identify. However, effective contracting ...