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Four types of contract risk mitigated by contract management software

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
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Posted  on November 4, 2024
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Three signs that it’s time to upgrade your contract management software

Contract management software is instrumental in automating the drafting, negotiation, execution, and oversight of contracts. Naturally, there are some solutions that are better fitting for your organisation than others. Because of
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Posted  on October 27, 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 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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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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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