While Contract Management is a necessity these days, adoption across the organization remains a challenge. At a time when data breaches and increasingly complex regulations are becoming the norm, organizations can’t afford to keep taking risks and overspending on contract management, especially since contracts play a role in almost every part of the business. The text below examines common myths legal departments have about contract management to set the record straight: it’s time to take the contract out of the filing cabinet and put it in the cloud.