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.
4 Different Phases of Contract Management & How to Tackle Them
7 min read
Topics:
CLMS Return on Investment
compliance
Contract Analytics
contract authoring
Contract Compliance
Contract Compliance Software
contract life cycle management
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Lifecycle Stages
contract negotiation
contract writing
contract writing solution
e-sign
E-signatures
eSignature
Maximize ROI with CLM
signatures
CLM
CLM ROI
CLMS
Electronic Signature
electronic signatures
Document Collaboration
eSignatures
Contract Reports & Analytics
contract approval process
contract renewals
document assembly
document assembly solution
CLM Software
electronic signature software
IntelliSign
contract requests
legal requests
contract collaboration
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Supercharge Your Clause Library for Advanced Legal Operations
3 min read
Clause libraries have proven incredibly useful for advanced legal operations and contract lifecycle management – if appropriately implemented. Unfortunately, your organization can mismanage your clause library with antiquated technology, manual clause tracking and clause storage, and the lack of an expeditious way to leverage clauses during contract authoring and contract negotiation. Luckily, you can supercharge your clause library with user-friendly and robust contract management software. Here's how.
Topics:
contract authoring
contract negotiation
contract repository
contract writing
contract writing solution
contract approval process
contract clauses
contract generation
legal document management software
document assembly
document management
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6 Critical Contract Management Tools for 2021
5 min read
2021 has arrived, and with it comes new innovations to your contract management software processes. Keeping this in mind, we have outlined six critical contract management tools that your organization should equip itself with to stay ahead of future-minded contract management best practices in 2021 and beyond.
Topics:
Contract Compliance
Contract Lifecycle Management
contract lifecycle software
contract negotiation
contract repository
contract writing
contract writing solution
eSignature
Contract Management Software
VISDOM AI
Contract Artificial Intelligence
Strategic Contract Management
contract approval process
contract management software features
AI-Powered Contract Management Software
AI-Based Contract Management
contract management tools
IntelliSign
contract requests
OFAC
Contract Intelligence
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We Give an Illustration That Shows the Stages in the Life of a Contract
5 min read
In order to get started with improving contract lifecycle management, there first needs to be an understanding of what exactly the contract lifecycle is - as well as how it progresses. To that end, we have provided an illustration that shows the stages in the life of a contract - as well as descriptions that give more insight into how each stage involves and can be managed with contract management software!
Topics:
compliance
contract authoring
Contract Compliance
Contract Compliance Software
contract life cycle management
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Lifecycle Stages
contract negotiation
Contract Stages
contract writing
contract writing solution
e-sign
E-signatures
eSignature
signatures
Electronic Signature
electronic signatures
eSignatures
contract approval process
electronic signature software
IntelliSign
contract requests
legal requests
Continue Reading
