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 Amendment? How Can Contract Amendments Be Managed?

By Sean Heck on 08/30/22

A contract amendment is a modification of the terms and conditions of a contract or subcontract.

Though we will explore contract amendments more in-depth, it is worth noting that changing the structure, duties, obligations, or rights of a contract requires increased oversight.

To that end, let's explore contract amendments and how disparate, important, and sensitive information can be managed, and contract amendments can be executed smoothly for effective contract management.

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You Won’t Believe How Easy Contract Review Can Be With CLM Software!

By Sean Heck on 07/20/22

Contract review is a crucial contract management stage.  Unfortunately, far too many organizations overlook this process or leverage out-of-date methods.  Tragically, contract evaluation process oversight can result in:

  • missed key dates and obligations.
  • overlooked opportunities.
  • contract language and clause mistakes.
  • and other painful consequences.

Thankfully, we can establish a contract review checklist and manage the life of a contract with leading contract management software.  Let’s get started.

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