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.
4 Different Phases of Contract Management & How to Tackle Them
Topics:
CLMS Return on Investment
compliance
Contract Analytics
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 writing
contract writing solution
e-sign
E-signatures
eSignature
Maximize ROI with CLM
signatures
CLM
CLM ROI
CLMS
Electronic Signature
electronic signatures
Document Collaboration
eSignatures
Contract Reports & Analytics
contract approval process
contract renewals
document assembly
document assembly solution
CLM Software
electronic signature software
IntelliSign
contract requests
legal requests
contract collaboration
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What is Contract Lifecycle Management?
Organizations of all sizes face the need to juggle multiple contracts simultaneously, with each contract being at a different stage of the contract lifecycle. Leading contract lifecycle management software is crucial in reducing risk, improving productivity, and maximizing a contract’s value. But what is contract lifecycle management? Read on to find out!
Topics:
Contract Compliance
Contract Compliance Software
Contract Lifecycle Management
contract negotiation
contract writing
contract writing solution
Contract Management Software
CLM
electronic signatures
contract approval process
contract renewals
electronic signature software
IntelliSign
contract requests
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CobbleStone Software Blog Recap for June 2021
Topics:
CobbleStone Mobile App
Contract Lifecycle Management
Contract Management Blog Recap
government contract software
Contract Management Software
contract generation
contract renewals
contract automation
Human Resources
CSR
Corporate Social Responsibility
CobbleStone Contract Insight® WorkGroup Edition
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The 8 Stages of the Contract Lifecycle
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.
Topics:
CLMS Return on Investment
compliance
contract authoring
Contract Compliance
Contract Compliance Software
contract life cycle management
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Lifecycle Stages
Contract Management Process
contract negotiation
contract writing
contract writing solution
e-sign
E-signatures
eSignature
Contract Management Software
Maximize ROI with CLM
signatures
CLM
CLM ROI
CLMS
Electronic Signature
electronic signatures
eSignatures
contract approval process
contract renewals
CLM Software
electronic signature software
IntelliSign
contract requests
legal requests
Continue Reading
