Still using spreadsheets to manage contracts? Let's take a look at the top ways they are slowing contract management professionals down- and what you can do about it.

1. www.contractworks.com
For Contract
Management
Professionals
The
7
Sins of
Spreadsheets

2. www.contractworks.com
In companies everywhere, contract
management professionals are using
spreadsheets to do their work.

3. www.contractworks.com
In some instances, spreadsheets
can provide a useful way to
track information.

4. www.contractworks.com
However, spreadsheets have a
number of limitations−and are
not the best choice for
contract management.

5. www.contractworks.com
The conundrum:
Using spreadsheets for contract
management just isn’t cutting it.
But finding a simple and affordable
solution is tough.

6. www.contractworks.com
ContractWorks can help
professionals like you overcome
this challenge and free you to do
your job more efficiently.

7. www.contractworks.com
Does any of the following sound familiar?
If so, you’re not alone.

8. www.contractworks.com
Spreadsheets are time-consuming
to create, format, and maintain.
1

9. www.contractworks.com
Spreadsheets are created manually,
so somebody has to invest the time
to do so. This can take hours, not to
mention the time spent updating
information when changes occur.

10. www.contractworks.com
Spreadsheets are error-prone.
2

11. www.contractworks.com
Because spreadsheets are created
manually, they are bound to contain
errors in data. Contract management
software, on the other hand, has
built-in tools to check data
accuracy.
!

12. www.contractworks.com
Spreadsheets don’t scale well.
3

13. www.contractworks.com
When a company grows, so does its
contracts. This can make spreadsheets
especially cumbersome if they contain
hundreds or even thousands of lines
of information.

14. www.contractworks.com
Spreadsheets do not present
a complete picture.
4

15. www.contractworks.com
Spreadsheets only contain a summary
of contract data. If you need to
reference the original
contract−you guessed it−
you need to go find it
elsewhere.

16. www.contractworks.com
Spreadsheets are often saved in multiple
locations rather than a central repository.
5

17. www.contractworks.com
Many people will need to access
spreadsheet data. This makes it likely
that multiple copies are stored in
various places, leading to mistakes,
redundant actions, and wasted time.

18. www.contractworks.com
Limiting the permissions
on a spreadsheet is difficult.
6

19. www.contractworks.com
Spreadsheets don’t contain
different levels of viewing
permissions. If somebody
can see one row of data
on the spreadsheet, they can see
all rows of data. This can be a
problem if confidentiality
is a concern.

20. www.contractworks.com
Spreadsheets are vulnerable and
may be lost, stolen, or compromised.
7

21. www.contractworks.com
Spreadsheets are often saved on
hard drives, and we all know that
computers crash and files get lost.
Spreadsheets can also disappear
with employees or inadvertently
end up in the wrong
hands, compromising
all contract data.

22. www.contractworks.com
Fortunately, there’s a better way!

23. www.contractworks.com
Introducing

24. www.contractworks.com
Helping contract management
professionals like you
get their job done.

25. www.contractworks.com
ContractWorks is the easiest,
most secure contract management
software with the features you need:
• Secure Storage
• Milestone Notifications
• Reporting
• Quick Search

26. www.contractworks.com
Ease of use makes this product
stand out. Our previous solution was so
difficult to implement and use that
nobody in the office wanted to take the
time to do it. With ContractWorks,
anyone can login and begin using it from
day one. Colin
McCarthy
Contracts
Paralegal,
Sonos,
Inc.
“
“

27. www.contractworks.com
Want to know more about
ContractWorks and how it can help
alleviate spreadsheet pain?
Get a Free Trial
or take a Demo!