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
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
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
Seven ways contract builders streamline CLM processes
As organisations of all sizes evolve to manage evermore complex and numerous contracts, efficient contract management is crucial. Contracts are vital in establishing and maintaining business relationships, safeguarding legal rights,
Spring forward – welcome to daylight saving
This weekend brings the long-awaited end to winter – in theory at least – as we spring forward into our favourite form of daylight saving. One less hour in bed
Ten contract management system requirements your solution needs and why
There are many efficient contract management platforms on the market for small businesses, expansive enterprises, and those in between. As such, searching for the best contract management software with which
Contract risk management – breaking down the basics
A proper legal risk management process is critical for the preservation of a healthy contracting process. Failure to adequately manage contract risk can be disastrous. Harmful contract risk oversights affect
March into spring with the best procurement software
Ineffectual procurement strategy can lead to elevated risk, dark purchasing, supplier issues, data inaccuracies, and a drawn-out purchasing cycle or procurement cycle. To avoid wasting time, squandering opportunities, and mismanaging
Employee Appreciation Day
The importance of embedding a culture of recognition In the US, the first Friday in March is traditionally known as Employee Appreciation Day, but this is increasingly being recognised beyond
Is it time to shake up the status quo?
We’ve been here before, but that doesn’t mean we’re stuck… Hurrah for February 1st. Despite the joyous welcome it receives at the start of its 31-day stint, what a relief
Traditions that bind us – for better or for worse
Business and the Bard In Scotland, January 25 is Burns Night, an annual celebration of Robert Burns’ birthday, or Rabbie Burns as he’s more commonly known north of the border.
Planning makes perfect
If you fail to plan, you plan to fail. With thanks to Benjamin Franklin and Winston Churchill… So it’s that time of year again. Although the days are shorter and