Contract Management

Contract management is the process of managing the creation, execution, and administration of contracts between parties, such as businesses, organizations, or individuals.

Accounting and Finance

What is Contract Management?

Contract management is the process of managing the creation, execution, and administration of contracts between parties, such as businesses, organizations, or individuals. It involves various activities and tasks aimed at ensuring that contracts are effectively negotiated, implemented, and enforced throughout their lifecycle. ZoneBilling is a native NetSuite app built to help finance teams carry out contract management in NetSuite, extending their ERP to provide them with a single record to manage the entire customer lifecycle from initial purchase to upsells, downsells, change orders, renewals, or cancellation.

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Account Reconciliation

Account reconciliation is the process of comparing two sets of records to ensure their accuracy and consistency.

Accounts Payable

Accounts payable (AP) refers to the amount of money that a business owes to its suppliers or creditors for goods or services purchased on credit.

Accounts Payable Days

Accounts Payable Days (AP Days), also referred to as Days Payable Outstanding (DPO), is a financial ratio that measures the average time a company takes to pay its suppliers or vendors for credit purchases.

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