The words "innovation" and "technology" are always being used together. Why?
The growth of any field requires a strong commitment to changing with the times. Innovations in technology have directly affected and changed the way contract managers and acquisition professionals do their jobs.
How is technology changing contract management?
A few innovations in contract management that have taken place as a result of technological advances include:
- Virtual teams and work environments
- Cloud-based file sharing and document storage
- Real-time document collaboration
- Video conferencing