What is the goal of contract management? This question is essential for legal operations professionals to ask themselves when forming their approaches to better governance over processes. This post will

Contract management for government contractors demands meticulous attention to detail and leaves much risk of error. These contractors work with an almost endless supply of different government agencies. Different levels

Contracts serve as the keystone around relationships between companies, vendors, clients, and other stakeholders. However, a contract is only worth its performance. Legal professionals need to understand and manage the

Contracts may not be glamorous but they’re the backbone of any business, and if not managed well can quickly transform into a nightmare of missed deadlines, litigation headaches and lost

Contract management. To many, the phrase evokes images of crowded file cabinets with reams of paper, complicated email threads and the constant fear that some critical bit of information will

In contract management, the seemingly straightforward distinction between ‘goods’ and ‘services’ serves a surprisingly essential purpose. Although the phrase “goods and services” is typically used as a catch-all term, understanding

Contract administration is crucial for a successful contract lifecycle. Efficient and effective contract drafting, managing the contract repository, and monitoring compliance help ensure that all parties properly understand and execute the

As business technology evolves, forward-thinking organisations must keep abreast of changes and embrace technological advance accordingly. This also applies to contract managers. Contract management professionals also require to evolve their

What is the contract performance management process? Contracts serve as the keystone around relationships between companies, suppliers, clients and other stakeholders. However, a contract is only worth as much as

Supplier management can make or break an organisation’s cost optimisation and operational efficiency. Unfortunately, an outdated supplier management process can lead to poor visibility, inconsistent supplier quality, difficulty juggling multiple

Technology has brought expediency and efficiency to a myriad of business processes. However, some contract management solutions fall short in this regard (that is, they fall short of true digital contracting). Pushing

Solid business contracts fuel smooth operations for businesses that meet our demands and innovate for a better world. But what are the steps involved in business contracts? How can businesses