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
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
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
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
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.
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
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 However, if performed sub-optimally with outdated
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
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
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
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
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