Contract administration can bring forth a host of challenges.  Between establishing a contract administration plan, following through with that plan within a set timeline, tracking contract financials, overseeing the contract lifecycle and

Contract authoring is one of the most important stages in the life of a contract.  An inefficient contract authoring process often relies on decentralised clauses, lacklustre compliance management and version tracking,

As your organisation grows, so do contract complexity and contract volume.  This growth requires an improvement in contract processes.  No matter which industry your organisation inhabits, your team will need to invest

Managing government contracts with disparate processes such as shared drives, email, disorganised documents, and disorderly spreadsheets can prove challenging and leave your organisation vulnerable to undue risk.  Public contract managers

Contracts are legally binding – and thus need to be executed properly.  As such, organisations should be equipped with a thorough understanding of the contract lifecycle.  The contract lifecycle is the

Managing contracts can be challenging for legal, procurement, and contract management professionals, especially when primarily relying on outdated processes.  Managing the contract lifecycle from requests to renewals can prove difficult with spreadsheets, emails, filing

Managing vendors with manual and disparate processes such as spreadsheets, phone calls, emails, and paper-based filing systems can prove challenging.  Without a centralised electronic process, vendor management workflow bottlenecks can

Reviewing contract risk can be time-consuming, challenging,and stressful.  Manually assessing risk factors can cost your organisation extra time and money while increasing the risk of inadvertent human oversights.  While you can do

Procurement departments can run into serious issues without the proper procure-to-pay tools.  Lacklustre procurement strategies can bring unnecessary risk, dark purchasing, detrimental data inaccuracies, harmful supplier issues and a more drawn-out

2021 has already brought many enhancements and innovations to contract management automation – and contract management technology will not stop enhancing contract management processes any time soon.  Your organisation could be missing

Do you manage contracts in a small to mid-size organisation?  Or, do you manage a large amount of contracts and need a basic yet streamlined contract management solution for optimal

VISDOM® AI is Contract Insight’s proprietary, AI based contract management engine with machine learning.  VISDOM can simplify contract administration for a wide variety of industry professionals by unifying people and processes thanks to