Understanding the contract lifecycle is essential for legal, procurement, and contract management teams aiming to streamline operations. This guide explores the eight key stages of the contract lifecycle and how contract lifecycle management (CLM) software can optimize each phase for better compliance, efficiency, and collaboration.
The 8 Stages of the Contract Lifecycle
3 min read
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 Stages
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
Stages of the Contract Lifecycle
The Stages of the Contract Lifecycle
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Contract Termination - A Simple, 3-Step Approach
3 min read
Key Takeaways
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Contract termination is the process of ending a contract before all obligations are met. This can happen for several reasons, including a breach of contract or by mutual agreement.
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A successful contract termination strategy involves three key steps: identifying underperforming contracts, writing a professional termination notice, and ensuring proper financial closeout.
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Using contract management software can significantly streamline this process by providing data analytics, termination templates, and financial tracking tools.
Topics:
Contract Analytics
Contract Insight
contract writing
Contract Management
Document Collaboration
contract termination
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What is Contract Lifecycle Management?
9 min read
Organizations of all sizes face the need to juggle multiple digital contracts simultaneously, with each contract being at a different stage of the contract lifecycle. Leading contract management software saves time, reduces risks, improves productivity, and maximizes a contract's value. But what is the contract lifecycle management process? 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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How Contract Review Can Be Easy With CLM Software
3 min read
Contract review is a crucial contract management stage. Unfortunately, far too many organizations overlook this process or leverage out-of-date methods that can increase unnecessary risk.
Thankfully, we can establish a contract review processes checklist and manage the life of a contract with leading contract management software. Let’s get started.
Topics:
contract authoring
contract negotiation
contract writing
contract writing solution
e-sign
E-signatures
eSignature
signatures
Electronic Signature
electronic signatures
eSignatures
contract clauses
electronic signature software
IntelliSign
digital signatures
digital signature software
COI Tracking
contract signatures
contract signing
eSignature Software
Contract Review
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