Keeping track of contracts can prove challenging, especially without a centralized system. While contract management software provides a robust solution for contract lifecycle management, a basic contract tracking spreadsheet can help you retain some oversight. Read on to learn how you can leverage CobbleStone Software’s free contract tracker to help streamline your contract management procedures.
The 8 Stages of the Contract Lifecycle
4 min read
Contracts are legally binding - and thus need to be executed properly. Legal teams should equip themselves with a thorough understanding of the contract lifecycle. The contract lifecycle is the process under which a contract is authored, reviewed, sent for signature, executed, and - potentially - renewed.
The "lifecycle" is an archetype used to compartmentalize and understand a contract's complex evolution. The lifecycle begins with contract requests and concludes when these requests are fulfilled - with the possibility of managing contract renewal. Let's further explore the eight stages of the contract lifecycle below and how contract management software can help streamline your contracting processes.
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Contract Compliance
Contract Compliance Software
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Contract Lifecycle
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Contract Lifecycle Stages
Contract Management Process
contract negotiation
Contract Stages
contract writing
contract writing solution
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E-signatures
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Contract Management Software
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Electronic Signature
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eSignatures
contract approval process
contract renewals
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electronic signature software
IntelliSign
contract requests
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Stages of the Contract Lifecycle
The Stages of the Contract Lifecycle
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Contract Meaning - What Does It Mean to Enter Into a Contract?
4 min read
We hear about contracts all the time. They power business relationships across sectors, industries, and nations. Individuals, businesses, and societies at large use contracts to fulfill wishes and needs. Contracts keep our world moving.
But what is a contract really? Read on to find out.
Topics:
Contract Management Process
Contract Management Solutions
Contract Management Software
Contract Management
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6 Elements of a Contract - An Easy-to-Understand Overview
4 min read
Business relationships power various industries within the public and private sectors. At the crux of virtually every business relationship is a contract. Contracts serve to cement the obligations, duties, and expectations of two or more engaged business parties.
But what are contracts really? How do they work on a fundamental level?
Let’s explore six key elements of a contract that are widely applicable to almost every business relationship – and why they matter for effective contract management.
Topics:
Contract Management Process
lawyers
legal contract management
legal contracts
legal technology
contract automation
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