Passing on Contract Analysis? You May Be Repeating CLM Mistakes.

By Sean Heck on 09/15/22

The age of digital transformation has forged a path of opportunity for analyzing vital information to improve business processes. This phenomenon strongly applies to contract data as well. Unfortunately, many businesses managing contracts fail to maximize contract data points to learn from mistakes and improve contract processes. As such, they fail to reduce risk, optimize contract terms and language, proactively recognize growth opportunities, strengthen the contract review process, and more.

Thankfully, you can avoid falling victim to contract lifecycle process failure and stagnation with contract management software.

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What Is a Contract Administration Plan?

By Joshua Hansen on 06/21/22

Contract administration can be a daunting process when relying on primarily manual tools - such as spreadsheets, shared drives, and disparate emails.  Without accountability, visibility, and a clearly defined contract administration plan, you can find yourself running into compliance issues, minimizing contract value, and encountering other setbacks.  Read on to learn how you can create a strong contract administration plan with the help of leading contract management software.

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7 Vital Legal Contract Management Software Tools for 2022

By Sean Heck on 05/18/22

It remains true that general counsel and paralegals continue to encounter growing contract complexity and volume.  An ineffectual legal contract management process makes obstacles for legal departments tough to overcome.  Here’s how to leverage seven legal contract management software tools for a streamlined legal contract lifecycle, reduced risk, and minimal contract lifecycle bottlenecks and delays.

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6 Contract Analytics Software Tools for Strong CLM Oversight

By Joshua Hansen on 04/26/22

Tracking contract management data with manual and disparate processes throughout the contract lifecycle can prove challenging.  Without readily accessible contract analytics software tools for contract financials, workflows, budgets, KPIs, vendors, compliance, and other essential contract metadata, you can waste time and energy.  Fortunately, leading contract management software can provide you with contract analytics software tools for robust source-to-contract lifecycle management oversight.

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