What Is a Contract Amendment? How Can Contract Amendments Be Managed?

By Sean Heck on 08/30/22

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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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Here’s Why Electronic Document Signing Is Great for Contract Processes

By Sean Heck on 07/27/22

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Gathering signatures for a contract or agreement can be difficult without the proper tools. Outdated and slow signing methods can cause signature bottlenecks that delay contract execution. What’s more, high costs for wet signing and postage can decrease your bottom line.

Fortunately, there is a better way. Let’s discuss why electronic signature software within contract management software is awesome for your contract processes.

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Contract Signing Made Easy with eSignature Software

By Joshua Hansen on 07/21/22

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Gathering contract signatures can be a challenging task, especially when working with multiple signatories in various locations.  Signatures finalize contracts and propel their execution. This highly anticipated step can be delayed with manual processes that include scanning signed documents, emailing scanned contracts, signing with wet signatures, mailing contracts with wet signatures, and reorganizing signed contracts in shared drives - to name a few. Moreover, specific signatures can require notarization, which can further delay the signing process.  Read on to learn how eSignature software within contract management software can make contract signing quick and easy.

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

By Sean Heck on 07/20/22

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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  Unfortunately, far too many organizations overlook this process or leverage out-of-date methods.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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