How do I Manage My Contracts?

Successful businesses are likely to have hundreds of contract agreements. Some of the agreements may set out the terms of a strategic alliance, some may be performed over a long period of time such as software development, some may be for either a simple short project, or a project over many years with important milestones to be reached or deliverables made over the term of the agreement.

PBDA has been involved in contract management for over the last few years. Its Managing Director Phillip Allan has been involved with contracts, contract negotiation, and contract lifecycle management over a span of forty years of business experience. See further detail in our FAQ section.

PBDA provides advice as to contract management, but we realised that to develop a suitable contract management system for SME’s would take a large investment and considerable time. There are already existing contract management systems in the market place which can provide small to medium business owners and large enterprises with solutions.

Based on the PBDA experiences, we are happy to recommend a system provider that has both business and enterprise contract management systems.

Our liaison is with the corporation Open Windows and they have a free contract management system for up to 25 contracts, which can be converted to a larger number on payment of a sliding scale of monthly fees. Their Enterprise Contract Management Lifecycle System is scaleable across industries and number and type of contracts.

To get an idea as to where your organisation stands with its contract management, have a browse of our Contract Management Questionnaire. It’s a simple yes/no survey, but it provides the questions you need to ask yourself if you want the best results from the contracts your orgaisation has signed. From both the supplier or buyer perspectives.

For a discussion on your needs call Phillip Allan 02-96533526 and we will be able to recommend the next steps for your contract management system. Have a  look also at our PBDA Top Ten Tips for Contract Management.