Enhance Corporate Compliance and Risk Management With CLM Software

    By Sean Heck on 04/7/22

    reading-minutes-icon-one-color 5 min read

    Corporate compliance and risk management are critical for the success of a contract.  Organizations need to be aware of potential exposure to financial risk, legal penalties, breaches of contract, and other risks while adhering to industry laws, government regulations, internal policies, and other compliance rules.  Failure to do so can result in a lack of corporate compliance, contract failure, lawsuits, a compromised reputation, data leakage, and worse.  Luckily, organizations can leverage leading contract management software to enhance corporate compliance and risk management.  Here's how.

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    4 Different Phases of Contract Management & How to Tackle Them

    By Sean Heck on 01/14/22

    reading-minutes-icon-one-color 7 min read

    Contract management is a multi-faceted process.  Without oversight over each stage in the life of a contract, your organization can suffer from process bottlenecks, missed contract obligations and tasks, wasted time, lawsuits, decreased revenue, and missed opportunities - to name a few.  Fortunately, you can increase your ROI by better understanding approaching contract management.  Here are the four phases of contract management and how to tackle them with contract management software.

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    5 Benefits of an Automated Contract Life Cycle Process

    By Sean Heck on 10/20/21

    reading-minutes-icon-one-color 4 min read

    The contract lifecycle is a great way to categorize the steps of contract administration, from requests to renewals.  But how can you embrace legal operations digital transformation to automate the contract life cycle process?  Read this blog to find out.

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    The Responsibilities of a Contract Management Team

    By Sean Heck on 09/22/21

    reading-minutes-icon-one-color 7 min read

    Contract management teams hold a lot of responsibilities throughout the life of a contract.  Streamlined and organized contract collaboration is key to CLM success.  Without a clear-cut understanding of how the contract process should occur, contract management teams can encounter unnecessary contract risk, contract lifecycle bottlenecks, and decreased revenue.  As such, we have outlined the responsibilities of a contract management team and how these responsibilities can be centralized and organized with leading contract management software.

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