An Electronic Contract Management System, or ECMS, is a comprehensive solution to tracking and managing contracts. It provides users with an easy way to store, modify, search, and track all contract documents. By automating processes such as document submission, signature authorization, and reporting, an ECMS eliminates manual steps involved in the contract management process. Furthermore, an ECMS provides efficient workflow management enabling contracts to be quickly negotiated, implemented, and monitored from start to finish. With enhanced security features, administrators can ensure that all participants have the correct access rights and privileges, making it easier to create transparent and secure agreements. In short, an ECMS allows organizations to streamline their contract management efforts—saving time and money in the process.