Redlining a contract document can prove to be an arduous facet of contract negotiations. Collaborating with stakeholders to redline contract documents with outdated methods such as back and forth sharing of MS Word documents, sporadic emails, and disorganized shared drives can cause contract negotiation bottlenecks. But there is a better way. Start leveraging leading contract management software and enjoy online contract redlining for enhanced contract negotiations.
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.
Contract management is a process that has been embraced by contract professionals of numerous industries worldwide. But why do organizations need contract management? Read on to discover six reasons why contract management is necessary - and how you can positively transform contract management with user-friendly contract management software.
CobbleStone Software’s Executive VP and Founder, Mark Nastasi, narrows down his top eight items of recommendation to help you lead your legal digital transformation in 2022.