Why Should Enterprises Manage their Contracts Closely?
For companies handling many contracts, ensuring trading partners adhere to contract details is often too cumbersome to be executed without enabling technology

documentum workflow example  Office Suite and EMC’s Documentum enterprise content management (ECM) suite as a repository. Other organizations might use Open Text , Oracle’s Universal Content Manager ( UCM , formerly Stellent ), or IBM’s FileNet for document management, with some custom CLM capabilities made in-house, such as for authoring, revision control, and digital signatures. Incidentally, many organizations use digital (electronic) signature capabilities from EchoSign and DocuSign , with integration into their workflow

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Document Management System (DMS)

Document management systems (DMS) assist with the management, creation, workflow, and storage of documents within different departments. A DMS stores documents in a database and associates important information about the documents, to the documents (known as metadata). Most systems provide workflow engines to design and support document creation, publication, and usage. DMS solutions are often used by insurance and health care industries, government bodies, or other organizations processing high volumes of documents. 

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