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Business, Contract Management

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
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Business, Contract Management

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.
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Business, Contract Management

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
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Business, Contract Management

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 However, if performed sub-optimally with outdated
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Business, Contract Management, Security, Technology

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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Business, Contract Management, Technology

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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Business, Contract Management, Technology

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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Business, Contract Management

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
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Business, Contract Management

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
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Business, Contract Management

What is a unilateral contract?

Definition and examples Contracts are an essential aspect of everyday business operations (and even everyday life in general). They govern myriad transactions and agreements – serving as the cornerstones of
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Business, Contract Management, Technology

Five essential contract management tools

1. Secure contract repository system The problem with manually storing contracts Many leading organisations use digital contract and document storage tools for efficiency and productivity.  However, many still rely on
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Business, Contract Management, News

What is contract management in healthcare?

What is contract management in the context of the healthcare industry?  What steps, tasks, and requirements are involved?  What does your organisation need to do to maintain proper healthcare contract