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.
The Responsibilities of a Contract Management Team
7 min read
Topics:
automated workflow
compliance
Contract Compliance
Contract Compliance Software
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Management Solutions
Contract Management System
contract repository
contract workflow
Custom Reports
reports
risk management
workflow
workflows
Contract Management
Document Collaboration
Contract Reports & Analytics
contract risk
records management system
Contract Management Workflow
contract collaboration
risk response plan
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Contract Compliance Oversight With Contract Management Software
3 min read
Tracking and retaining contract compliance can be challenging when leveraging primarily manual methods, such as spreadsheet management – especially when tracking multiple contracts with varying compliance standards. Fortunately, contract lifecycle management (CLM) software tools can empower you to achieve contract compliance success. Read on to discover how you can optimize contract compliance oversight with leading contract management software.
Topics:
audit trails
Contract Compliance
Contract Compliance Software
Contract Lifecycle Management
Contract Management Software Benefits
DBE compliance
Contract Management Software
OFAC
COI Tracking
HITRUST Compliance
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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
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