Title :
Contracts as Trust Substitutes in Collaborative Business
Author :
Arenas, Alvaro ; Wilson, Michael
Author_Institution :
STFC Rutherford Appleton Lab., Didcot
fDate :
7/1/2008 12:00:00 AM
Abstract :
The globalization of business through mergers and acquisitions requires the interoperation of established heterogeneous systems within the enterprise. Supply-chain management and collaboration between companies likewise necessitate interoperation between enterprise systems. Companies must break down system silos to increase utilization rates. Automated contract management can mitigate the risks of interoperating systems.
Keywords :
Collaboration; Companies; Contracts; ISO standards; Law; Legal factors; Monitoring; Risk management; Service oriented architecture; Web services; Web technologies; electronic contract management; interoperable systems;
DOI :
10.1109/MC.2008.219