what is a cost effective contract?
<answer> Business challenges Most large organizations have hundreds or thousands of contracts that define and drive business relationships and agreements and serve as corporate records. <context> 14 Improving the efficiency, accuracy and cost effectiveness of core business activities Contract lifecycle managementBusiness challenges Most large organizations have hundreds or thousands of contracts that define and drive business relationships and agreements and serve as corporate records.mproving the efficiency, accuracy and cost effectiveness of core business activities. Contract lifecycle management. Business challenges. Most large organizations have hundreds or thousands of. contracts that define and drive business relationships and. agreements and serve as corporate records.