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
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
The role of contract management in mergers and acquisitions
Mergers and acquisitions (M&A) can be necessary and beneficial growth strategies for many organisations. However, M&A transactions are complex and require more than just strategic vision and financial acumen; effective
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.
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
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.
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