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外文资料原文
A Web-based and Email Driven Electronic Contract Management System
Thomas Kwok, Thao Nguyen, Linh Lam and Trieu Chieu
IBM Research Division
Thomas J. Watson Research Center
19 Skyline Drive, Hawthorne, NY 10532
HYPERLINK mailto:kwok@ kwok@
1. Introduction
Contracts are required in most transactions of the enterprise business, as they constitute the binding relationship between an enterprise and its suppliers, business partners, or customers. In many enterprises, the majority of their revenues are contract driven. At the same, a significant part of their expenses is also contract related. Automation of some contract management tasks in the electronic contract lifecycle presents a substantial value creation opportunity for the enterprise. This value stems from improved productivity and security, effectively aggregated contract information, accelerated contract transaction time and lifecycle processes, reduced contractual errors and risk, enabled revenue forecast and profit optimization, as well as better compliance enforcement.
With the advent of Internet technology and electronic commerce, there are growing research activities and implementation efforts on establishing and standardizing an electronic contract management system. Currently, the International Association of Contract and Commercial Managers have listed over twenty commercial available software products for electronic contract management. Most research activities on the electronic contract reported are focus on electronic contract creation or representation language, management, negotiation and collaboration, execution, performance, security and signing, fulfillment and data mining. However, there is no study or product focus on a Web-based electronic contract management system that can support both internal and intra-enterprises workflows, or with multi-tenants hosting capability. There are some discussions in addressing the need to execute electronic contracts in a speedy way but there is n
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