Contract Renewals: Mastering Contract Management Series

By Sean Heck on 03/14/22

This blog post was updated on March 14th, 2022.  Its original publication date was January 29th, 2019.

Manual contract management processes involving disorganized spreadsheets, sporadic emails, internal billing systems, emailed reminders, and wet signatures may suffice for organizations with low contract volume and contract complexity.  Unfortunately, when organizations manage thousands of different contracts of ranging contract types, challenges can arise due to a time-consuming, error-prone, and inefficient manual contract renewal process.  Moreover, such an outdated contract renewal strategy can increase risk and decrease opportunity realization.  It's time to take control of contract renewals.  Read on to learn how to leverage contract renewal process best practices for increased ROI, decreased risk, increased revenue, and better opportunity oversight with contract management software.

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Contract Tracking: Mastering Contract Management Series

By Maria Votlucka on 03/9/22

This blog post was updated on March 9th, 2022.  Its original publication date was February 4th, 2019.

Contract tracking can be a significant challenge for legal teams, contract managers, and other industry professionals.  Manual contract management processes may suffice for organizations with low contract volume and contract complexity.  However, when the number of contracts increases to hundreds, thousands, and beyond, contract failure rates increase exponentially.  Read on to learn how to master contract tracking with leading contract management software.

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Contract Clauses: Mastering Contract Management Series

By Maria Votlucka on 10/14/21

Clause management can be challenging for contract, procurement, and legal professionals.  Manual contract administration tools such as spreadsheets, emails, and disconnected software tools prove to be less than effective or efficient ways to generate optimal contract documents and clauses - and rarely lead to fast approvals.  Contract clauses can support standards and reduce contract risk and, when used to their potential, can positively impact your contract management process.  Learn how to master contract clauses in this blog.

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Contract Generation: Mastering Contract Management Series

By Maria Votlucka on 06/15/21

Generation of contracts can be challenging for contract, procurement, and legal professionals.  Manual contract generation can be tedious, time-consuming, and error-prone.  Moreover, a manual approach to document assembly can inadvertently put organizations in the precarious position of facing significant process bottlenecks, compliance issues, risks, fines, or legal ramifications.  It’s time to take control of contract generation.  Learn how to transform your manual contract generation process into a value-centric strategy with the help of leading contract management software.

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