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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
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Ten steps for effective CLM

Efficiency and productivity are paramount for a healthy contract management process. Yet achieving these goals can be daunting. Luckily, contract lifecycle management (CLM) software can streamline contract processes from creation to renewal.
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Posted  on July 30, 2024
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Contract termination in three easy steps

Contract termination involves rigorous financial analysis, contract performance data analytics, and the creation of a notice of termination to avoid a breach of contract.  Unfortunately, contract termination involves tight deadlines
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Posted  on July 29, 2024
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Contract compliance process – a quick beginner’s guide

Contracts are a fundamental aspect of virtually any business interaction. They establish the terms and conditions that govern the relationship between the parties involved. However, if performed sub-optimally with outdated
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Posted  on July 9, 2024
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The benefits of a secure contract repository

Successful contract management requires you to embrace a centralised and secure process.  Manual contract management methods – such as filing cabinets for paper documentation, spreadsheets, emails and disorganised digital storage
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Posted  on June 18, 2024
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What is Contract Management? Here’s what you need to know

Contracts are legally binding agreements that define and govern the exchange of goods or services. A contract’s journey – from creation to fulfilment and completion – is complex and leaves
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Posted  on June 17, 2024
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How can your contract process be improved?

A healthy contract management process should constantly be adapting to technological advancements.  As contract volume and contract complexity begin to grow, organisations must embrace digital transformation to be furnished with the right
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Posted  on May 29, 2024
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Five cross-functional benefits of Contract Management Software

No matter what type of business environment or sector you choose, organisations are constantly looking for ways to streamline processes and improve efficiency. One such area is contract management. Contracts
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Posted  on May 23, 2024
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Best foot forward

Venture outside May is National Walking Month and after a slow start to the year, we’ve seen some of the best weather in 2024 to encourage us to put our
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Posted  on May 23, 2024