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Contract Management

Contract management handles contract design, negotiation, formalization, and inventory of contract terms and conditions to ensure that the company's needs are best served. It also requires work the development of strategies for asset acquisition and disposal.

Tasks

Skills

Maintain all IT contracts

Evaluate terms and conditions to maximize corporate advantage

Develop and modify contracts for new/existing vendors

Provide regular status of contracts to IT management

Paralegal skills for contracts

Basic IT background in all major enterprise resources

Knowledge of lease and amortization processes

Ability to cull information from asset-tracking systems

Staffing

Automation Technology

Contract specialist

Financial analyst

Administration specialist

Asset-tracking systems

Automatic contract storage, retrieval, and search engines

Best Practices

Metrics

Automated systems that map contracts to IT components

Aggressive contract negotiations a part of data center operations

Cost/contract

Group cost/number of contracts in place (and new)

Process Integration

Futures

No Items

Fully integrated, cross-platform systems for contracts that map to enterprise-wide asset tracking systems


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