Achieving Maximum ROI with Contract Management Software

By Jamie Reedy on 04/16/18

Feel Confident About Managing Your Contracts the Right way.

When purchasing anything new for your organization, you want to feel confident that you’re making the right choice. An informed buyer is a satisfied buyer because you’re confident you did your homework. This is especially important when you’re looking to overhaul some of your current processes and implement a new way of doing things. It can be overwhelming, and when it comes to redesigning your contract management process, it can be downright scary.

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The 8 Stages of the Contract Lifecycle

By Jamie Reedy on 04/10/18

By understanding all the stages of the contract lifecycle, you can ensure that each stage runs as smoothly as possible.

No matter how long a contract is active for, it will undergo many contract stages to ensure that all parties are in unison and that the service agreed upon is delivered.  Contracts are legally binding and need to be executed appropriately.  When you understand the stages in the lifecycle you can feel more informed and prepared when it comes to managing the contract.  While the exact stages may vary for your organization, we’ve broken down the 8 common stages of the contract lifecycle:

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5 Must Have Software Features to Improve Contract Management

By Jamie Reedy on 04/3/18

Choosing the right software with the right features can make all the difference. 

Managing contracts is something that almost all industries do daily. A single company can have contracts in place for a variety of reasons which could include facilities, personnel, clients, the real estate they operate in, and so much more. Whatever the case may be, these contracts have their own stages and lifecycles that are important to stay aware of through their duration of activity.

It’s hard to imagine, with today’s advances in technology, that there was a time where manual contract management was the standard process at most organizations.  Hard copies were stored in filing cabinets and some contract administrator or designated personnel had to make a conscious effort to check in on these records and ensure things were running smoothly.

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