Our contract management software tackles many issues organisations face when it comes to their contracts, with missed renewal dates being one of them. An example of this can be seen in recent news regarding the York City Ice Arena contract, between York City and York Revolution. York City officials’ failure to notify York Revolution about a looming contract termination means the company will continue managing the York City Ice Arena for at least another year.
Founder and Director of ContractsWise, Noel Green, shares his thoughts.
“This story about the consequences of the failure to give notice on a contract has made it to the press but I know from experience that this same scenario is occurring right now in thousands of organisations yet the solution is very easy and very inexpensive to fix.
Inexpensive, easy to use and implement contract management software such as the ECAS system from ContractsWise Limited will automatically send out e-mailed alerts directly to the in-box of key stakeholders in advance of the notice period deadline making it virtually impossible to miss a deadline.
This is just one simple example of how cloud based contract management software can easily pay for itself many times over and that’s even before we start looking at all the other benefits too.”
Read the full news article here.