Abstract: A method and system to enable, streamline, and enhance the cross-organizational processes of contract management. The system includes a contract management module and an interface module. The contract management module has functional dimensions that enable contract creation, negotiation, collaboration, approval, analytics and storage. The contract management module is preferably a Java based, n-tier, object-orientated solution that is configurable and scalable. The interface module provides the interfaces, communication methods, common protocols and formats to integrate multiple back-end systems, applications, electronic markets and other installations using contract management module together in a virtual network.