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 CLM (contract lifecycle management)? Read on to find out!
What is Contract Lifecycle Management?
8 min read
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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What Is an Executed Contract? - A Brief Overview.
3 min read
Contract execution is a critical stage in contract lifecycle management. By this point, the terms of the contract have been negotiated. Parties involved have ensured that everything is understood and all necessary resources have approved the written agreement. From there, contract parties sign the contract to propel its execution.
Given the importance of this stage of contract management, you should know what an executed contract is and its meaning. As such, here is a brief overview of an executed contract.
Topics:
E-signatures
eSignature
Electronic Signature
electronic signatures
eSignatures
post-award contract automation
electronic signature software
eSignature Software
contract execution
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The 3 Contract Management KPIs for Success
3 min read
Contract managers are under increased pressure to deliver value with reduced contract risks, decreased contract costs, and improved contract performance. When you regularly measure progress and the success of contracts against contract management key performance indicators (KPIs), you can proactively readjust your contract strategy to ensure goal alignment drives critical and positive organizational impact. Read on to learn how contract management software can help maximize three important contract management KPIs for success.
Topics:
contract tracking
ROI for Contract Management Software
CLM
electronic signatures
eSignatures
Contract Artificial Intelligence
Contract Management KPI
contract management roi
asset tracking
Web-Based Contract Management Software
contract automation
Contract KPI
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The 8 Stages of the Contract Lifecycle
4 min read
Contracts are legally binding - and thus need to be executed properly. Legal teams should equip themselves with a thorough understanding of the contract lifecycle. The contract lifecycle is the process under which a contract is authored, reviewed, sent for signature, executed, and - potentially - renewed.
The "lifecycle" is an archetype used to compartmentalize and understand a contract's complex evolution. The lifecycle begins with contract requests and concludes when these requests are fulfilled - with the possibility of managing contract renewal. Let's further explore the eight stages of the contract lifecycle below and how digital contract management software can help streamline your contracting processes.
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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