oboloo Glossary

Contract Workflow

oboloo Glossary

Contract Workflow

Contract Workflow

Contract workflow is the process of managing contracts and related documents from formation to execution. It typically includes creating, reviewing, and approving contract documents; tracking key dates and milestones; and maintaining records of communication and correspondence.

An effective contract workflow enables organizations to manage their contractual obligations in a timely and organized manner. It can help ensure that all parties involved in a contract are aware of their obligations, improve communication between parties, and avoid potential disputes. There are a number of software solutions available that can help organizations automate and streamline their contract workflow.