Contracts are the backbone of every business. They help us define the rights and duties between an employer and employee or between an organization and business associates or vendor. However, despite the important role contracts play, many facilities still use manual methods to organize their most vital documents.
A surprisingly archaic system given the fast paced, technologically driven world we now live in. Especially when you consider the sheer volume of contracts--in negotiations, active, and archived--a hospital has on hand at any given time. This is why, more and more hospitals are moving to automation to help them manage contract lifecycles, workloads, and to ensure documents don’t get lost, damaged, and worse yet, lapse or even renew automatically without being realized.
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