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Four important contract management performance metrics

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
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Posted  on October 22, 2024
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Three steps to a winning supplier management strategy

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
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Posted  on October 20, 2024
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5 tools for successful contract management in 2025

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
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Posted  on October 10, 2024
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Four ways to use machine learning in supply chain management

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
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Posted  on October 8, 2024
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The role of contract management in mergers and acquisitions

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
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Posted  on October 1, 2024
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The consequences of poor contract management

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.
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Posted  on September 30, 2024
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The importance of your contractual relationships

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
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Posted  on September 25, 2024
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The ten contract management system requirements your chosen system should offer

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.
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Posted  on September 8, 2024
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What is a contract amendment?

A contract amendment is a modification of the terms and conditions of a contract or subcontract. How can contract amendments be managed? Though we’ll explore contract amendments more in-depth, it’s
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Posted  on September 5, 2024
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Let’s talk SaaS security: protecting your apps and data in the cloud

As many businesses transition to cloud applications, Software as a Service (SaaS) has captured the pragmatic zeitgeist of modern operations. As with any new technological era, this shift has come
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Posted  on August 29, 2024
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The three contract management KPIs for Success

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
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Posted  on July 31, 2024
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Olympics anyone?

If you’re anything like me, now the Olympics are well and truly underway, you’ll be glued to the screen at odd hours of the day and night, entranced by sports
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Posted  on July 30, 2024