What Is Contract Management? Here’s What You Need To Know.

    By Sean Heck on 08/11/22

    reading-minutes-icon-one-color 5 min read

    Contracts are legally binding agreements that define and govern the exchange of goods or services. A contract’s journey – from creation to fulfillment and completion – is complex and leaves room for errors and oversights. As such, a process has been generally agreed upon for the handling of contracts. This process is referred to as contract management.

    But what is contract management, and how can it be approached? Here’s what you need to know.

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    How To Improve Contract Management in 3 Simple Steps

    By Joshua Hansen on 12/28/21

    reading-minutes-icon-one-color 6 min read

    As contract management continuously evolves amidst constant digital transformation, you can find various ways to improve your processes.  Rather than fall behind with manual contract management processes that require disparate tools - such as email, spreadsheets, wet signatures, and postal mail – read on to see how you can improve your contract management processes with future-minded contract management software.

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    What Is Contract Administration?

    By Sean Heck on 07/16/21

    reading-minutes-icon-one-color 5 min read

    Contract administration can bring forth a host of challenges.  Between establishing a contract administration plan, following through with that plan within a set timeline, tracking contract financials, overseeing the contract lifecycle, and planning for risk variables, contract administrators have a lot on their plate - and a lot of room for deleterious errors, contract risks, and bottlenecks.  Fortunately, contract management software can help.  Here's how.

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    How Does Contract Management Software Help Organizations Save Money and Improve Efficiency?

    By Bradford Jones on 02/8/17

    reading-minutes-icon-one-color 2 min read

    No matter the industry your organization is in, contracts are a major component of daily operations. Contracts are created for business partnerships, labor, vendor transactions, customers, and more.  Restaurant owners hire vendors for various produce and animal products. Human resources personnel create contracts when they hire employees and when there are changes to the employee handbook. Educators create contracts when enlisting the services or products of vendors.

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