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Implementing a Contract Lifecycle Management (CLM) Solution in 2022

The end of the calendar year is always a time for reflection, in both our personal lives, and in business. It is a time for taking stock, ...

Third Party Risks You Need to Monitor

Every business enters into agreements with Third Parties. In some cases, those agreements may be for the outsourcing of particular operational elements for the purpose of cutting ...

What are CLM Solutions?

The term 'CLM Solutions' is an interesting buzzword in modern business because it alludes to the problematic nature of Contract Lifecycle Management, or CLM. We need a ...
enterprise management

Healthcare Industry Contracts, Compliance and Management Software

While every industry faces the pressure to deliver the best quality service in the most cost-effective way, the stakes are undoubtedly highest in the healthcare industry. Here, ...
Contract Management

Procurement Contract Management Basics to Use Today

In business, the role of procurement is often confused with the act of purchasing since the purpose of both is the securing of goods or services. Though ...
Cloud Computing

What Cloud Computing Can Mean for Your Business

In today's parlance, 'the cloud' is a term about which many have only a vague understanding. This is due, in part, to the nebulous nature of the ...
Vendor Risk Management

What is Vendor Risk Management and How Does it Work?

In business, language is important. The understanding of language and its intent can mean the difference between a sale and a loss. It can also mean the ...

Symfact Features to Manage your Contracts

Innovation in business is often the key to success. Having the clear vision to tackle an issue in a creative and comprehensive way, utilizing all available means, ...

Know the difference between Contract Management and Contract Administration

In business, it is essential for roles to be clearly defined. In addition to enabling better recruitment for each position, this type of clarity ensures that resources ...

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