Eight contract negotiation strategies for a win-win outcome Nearly every business relationship involves a contract. At the crux of every contract is back-and-forth negotiation and contract management. This undertaking requires

Three productivity hacks for contract managers Looking to elevate your productivity and value during contract management? Well, contract managers often find themselves juggling multiple responsibilities related to the contract lifecycle. Manually

Secure document storage can greatly benefit organisations of all sizes. From data breaches to unauthorised access, protecting sensitive information and making the most of documents has become increasingly difficult. However,

The potential for contract risk is everywhere in the contract lifecycle…from missed deadlines to compliance issues and costly errors. Without a structured approach to managing contracts, organisations can quickly find

When managing contracts, performance monitoring is one of the most important ways to measure success.  With a large variety of contracts, all with different terms, it can be difficult to

Procurement and supply chain professionals deal with an extensive and increasingly complex network of suppliers. These individuals can struggle with the inefficiencies of manual processes when managing contracts and tracking

With new advancements and options for effective contract management continually evolving, we’ve detailed five essential contract management tools contract managers can empower themselves with to navigate the ever-changing landscape of

Four ways to use machine learning in supply chain management Like many other business processes, supply chain management is being positively transformed by machine learning and AI technologies. Key innovations

Mergers and acquisitions (M&A) can be necessary and beneficial growth strategies for many organisations. However, M&A transactions are complex and require more than just strategic vision and financial acumen; effective

The consequences of poor contract management Contracts can be a headache. They’re the backbone of any business relationship, but when contracts are poorly managed, the ripple effect can be significant.

The importance of your contractual relationships Legal operations success often hinges on the strength of your relationships. You probably work with many vendors, clients or partners, and one key aspect

There are many efficient contract management platforms on the market for small businesses, expansive enterprises and global multi-nationals. Searching for the best contract management software to manage contracts can be daunting.