How can contracts help an organization measure overall success?
Contracts are a vital tool for any organization. They drive revenue, growth, and increase compliance. Aside from just those tools, however, contracts can help measure a business’ success through their metrics. Contracts provide a large amount of visibility into a company: trends in customers, geography, type of contract, and numerous other characteristics garnered from contracts. Here are just a few of the ways to track the overall success of a business through its contracts.