6 Critical Contract Management Tools for 2021

By Sean Heck on 06/14/21

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.

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We Give an Illustration That Shows the Stages in the Life of a Contract

By Sean Heck on 06/11/21

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!

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The 8 Stages of the Contract Lifecycle

By Jamie Reedy on 05/10/21

Contracts are legally binding - and thus need to be executed properly.  As such, organizations should be equipped 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 said requests are fulfilled - with the possibility of contract renewal.  Learn about the eight stages of the contract lifecycle below.

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4 Must-Have Contract Management System Features To Look For

By Sean Heck on 04/28/21

2021 has already brought many enhancements and innovations to contract management automation - and contract management technology will not stop enhancing contract management processes any time soon.  Your organization could be missing out on user-friendly and future-minded contract management system tools.  As such, here is a list of four must-have contract management software features for a streamlined, simplified, cost-effective, and configurable process for increased ROI.

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