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Things to do Before Automating Your Contracts in 2021
The concept of automation, which is the use of technology to eliminate manual labour, has been around since the 1940s, when car manufacturers automated their assembly processes ...
Why it’s Better to Automate Option Agreements
In certain companies, such as ones experiencing high growth, or ones dealing with technology, it is common to have to deal with a high volume of contracts. ...
How to Determine Contract Success Using KPIs
Many KPIs exist which can shed insight into how well your contracts are doing. They are essential, as they demonstrate just how healthy your organisation is. Therefore, ...
CFO Expectations of Contract Management
In order to perform well within a contract management role, you need a knowledge of things which are essential to both stakeholders and company leaders in regards ...
Contract Management Best Practice: What It Is, and Why You Need It
The term 'best practice' is something we hear a lot in business. As a concept, it serves two purposes. It is a claim that can reassure customers, ...
Using Contract Metadata to Boost Your Business
We are in the midst of a challenging time for all businesses. Between the global Coronavirus pandemic, Brexit, the U.S election, the transition from LIBOR to SOFR, ...
Is Legacy Data the Biggest Hurdle in Your Contract Management System?
A new year beckons, and along with it comes the impetus to make change; to implement improvements; to work toward optimal operation. It is a natural consequence ...
Welcome to 2021: Contract Management in a Pandemic World
That steep learning curve was littered with stark lessons in Contract Management and, ten months in to this pandemic, it's now time to enter a new phase. ...
Why Businesses are Switching to Contract Management Software
If a business is looking to expand and deal with a higher volume of contracts in the future, they usually look to implement contract management software. This ...