Contract Tracking: Mastering Contract Management Series

By Maria Votlucka on 05/13/21

This blog post was updated on May 13th, 2021. Its original publication date was February 4th, 2019.

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

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6 Pitfalls of Contract Mismanagement to Avoid

By Joshua Hansen on 07/17/20

As technology evolves and organizations shift to adapt, business process changes should increase productivity rather than hamper it.  Contract managers who primarily utilize manual methods with their team may encounter difficulties in efficiently managing contracts.  Contract mismanagement can decrease productivity, hinder communication regarding task responsibility, and increase avoidable inefficiencies.  As contract administration changes for the future, organizations can attain greater control over their contract management processes by avoiding the following pitfalls of contract mismanagement.

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