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Contracts serve as the keystone around relationships between companies, vendors, clients, and other stakeholders. However, a contract is only worth its performance. Legal professionals need to understand and manage the

Contracts may not be glamorous but they’re the backbone of any business, and if not managed well can quickly transform into a nightmare of missed deadlines, litigation headaches and lost

Contract management. To many, the phrase evokes images of crowded file cabinets with reams of paper, complicated email threads and the constant fear that some critical bit of information will

In contract management, the seemingly straightforward distinction between ‘goods’ and ‘services’ serves a surprisingly essential purpose. Although the phrase “goods and services” is typically used as a catch-all term, understanding

Contract administration is crucial for a successful contract lifecycle. Efficient and effective contract drafting, managing the contract repository, and monitoring compliance help ensure that all parties properly understand and execute the

As business technology evolves, forward-thinking organisations must keep abreast of changes and embrace technological advance accordingly. This also applies to contract managers. Contract management professionals also require to evolve their

What is the contract performance management process? Contracts serve as the keystone around relationships between companies, suppliers, clients and other stakeholders. However, a contract is only worth as much as

Manual document generation processes are prone to human error. They’re time-consuming and lack standardisation. As document complexity and volume grow, the cracks in the surface can become irreparable. Luckily, with

Supplier management can make or break an organisation’s cost optimisation and operational efficiency. Unfortunately, an outdated supplier management process can lead to poor visibility, inconsistent supplier quality, difficulty juggling multiple

Technology has brought expediency and efficiency to a myriad of business processes. However, some contract management solutions fall short in this regard (that is, they fall short of true digital contracting). Pushing

Solid business contracts fuel smooth operations for businesses that meet our demands and innovate for a better world. But what are the steps involved in business contracts? How can businesses

Sometimes during the contract lifecycle – as in everyday life itself – disputes arise. These contract disputes have the potential to damage business relationships, harm reputations, and cause stress. To avoid