Contractify Academy

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The difference between DMS & CMS and why they reinforce each other

During the pandemic, lots of companies digitized their documents and associated workflows with the help of cloud-based services like Sharepoint and Google Drive. Since contract management software (CMS) is used as a digital data management storage (DMS) as well, often the fair question arises if a choice has to be made between using one or the other. In this article, we take a deeper look at the differences between the two, and we’ll discover why cloud-based solutions and contract management don’t exclude but reinforce each other.