miguel bruna TzVN0xQhWaQ unsplash

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
View More
Posted  on July 31, 2024
peter robbins QItYfCf9ZRA unsplash

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
View More
Posted  on July 30, 2024
andrey strizhkov yfTn9GZ5 hI unsplash

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.
View More
Posted  on July 30, 2024
etienne girardet lLhOvcRXcbY unsplash

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
View More
Posted  on July 29, 2024
suzanne d williams VMKBFR6r jg unsplash

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 However, if performed sub-optimally with outdated
View More
Posted  on July 9, 2024
ram kishor OIXo0l9DdM4 unsplash

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
View More
Posted  on June 18, 2024
simone secci 49uySSA678U unsplash

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
View More
Posted  on June 17, 2024
white arrows pointing upwards on a wooden board

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
View More
Posted  on May 29, 2024
Man handing his hand up showing all five fingers/thumb

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
View More
Posted  on May 23, 2024
matt flores iy4PrwxTniA unsplash

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
View More
Posted  on May 23, 2024
unseen studio s9CC2SKySJM unsplash

What is a unilateral contract?

Definition and examples Contracts are an essential aspect of everyday business operations (and even everyday life in general). They govern myriad transactions and agreements – serving as the cornerstones of
View More
Posted  on May 6, 2024
julie molliver Z3vFp7szCAY unsplash

Five essential contract management tools

1. Secure contract repository system The problem with manually storing contracts Many leading organisations use digital contract and document storage tools for efficiency and productivity.  However, many still rely on
View More
Posted  on May 6, 2024