Obligation of Contracts - An Overview

    By Joshua Hansen on 01/17/23

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

    Unfulfilled contract obligations can create a post-award contract management nightmare that can escalate to stressful legal action – such as issuing a cease and desist or suing your counterparty. 

    So, how can you avoid this? 

    By clearly defining the obligation of contracts between you and your counterparty and leveraging contract management software tools to receive timely alerts for each obligation of contracts, you can retain contract obligation accountability instead of meddling with unnecessary disputes.

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    Contract Renewals: Mastering Contract Management Series

    By Sean Heck on 12/5/22

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

    Manual contract management with spreadsheets, emails, emailed reminders, and wet signatures may suffice for organizations with low contract volume and complexity.  

    Unfortunately, organizations managing thousands of contracts of ranging types can face challenges.  Moreover, such an outdated contract renewal strategy can increase risk and decrease opportunity realization.  It's time to take control of contract renewals.  Read on to learn how to leverage contract renewal process best practices with contract management software.

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    Contract Lifecycle Process Failure - An Investigation

    By Sean Heck on 09/22/22

    reading-minutes-icon-one-color 8 min read

    Oh no!  It happened: contract lifecycle process failure.  Something went wrong during contract lifecycle management - resulting in contract failure.  But fear not; as a contract management professional, you are a worthy investigator.  It is time to put on your detective hat, grab a notepad, and piece together the clues as to why your contract lifecycle process failed.  You can also inspect how this tragedy could have been avoided with contract management software.  Let the investigation begin!

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    Contract Authoring - What You Need To Know To Get Started

    By Sean Heck on 07/18/22

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

    Contract authoring is essential.  An inefficient process can hinder organizations and result in error-prone contracts with missing or misplaced clauses.

    Additionally, overlooked key dates and milestones and a confusing process can stall the contract lifecycle.  Luckily, leading contract management software can provide intelligent authoring.  Read on to learn how to simplify and modernize the contract writing process.

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