Contract Insights

Artificial intelligence (AI) is already sharpening professional methods across a variety of industries.  However, advancements in AI can be particularly advantageous as they apply to contract management software systems. Contract intelligence engines built upon a foundation of machine learning just need to be fed a nutritious diet of relevant contract data.

You’ve probably heard the term “NDA” thrown around in the context of contract and business processes. But what is an NDA? When should they be used? How can NDAs be managed?

Let’s uncover what you need to know about the non-disclosure agreement (NDA).

Tracking contract management data with manual and disparate processes throughout the contract lifecycle can prove challenging.  You can waste time and energy without readily accessible contract management reports for the following.

• Contract Financials
• Contract Terms
• Workflows
• Budgets
• KPIs
• Vendors
• Compliance Data
• & Other Essential Contract Data

Fortunately, leading contract management software can provide you with contract management reports for robust contract performance management oversight.

We know. We usually talk about contract management software here on the Contract Insights blog. But what if we rewound for now to a stage that often comes before contracts: letters of intent?

What is a letter of intent? Why does it matter? What does it have to do with contracts?

Read on to find out.