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How to Master Vendor Contract Management
It is hard to imagine a business without at least one third-party vendor involved and the reality for many businesses is a reliance on a multitude of ...
Elements of Successful Contract Lifecycle Management
Assessment of Risk Before any contracts are drawn up, there needs to be an accurate assessment of any risks a third party may pose. Conducting due diligence ...
The Rise of Agile Contracting
The fundamental essence of contracting is as old as our species. Humans have progressed and evolved over the course of millennia through negotiation and collaboration, building communities ...
Supporting Your Legal Department with Contract Management Automation
The Legal Department is perhaps one of the most misunderstood parts of modern business. While it is well known that this department plays an integral role in ...
Contract Management Software for Business Continuity Planning
In business, contracts and their supporting documentation govern all relationships. From employment relationships to those involving premises management; from suppliers and third parties, to customers and clients ...
The Importance of Contract Review
Contracts are vital to business. They agree and formalise the flow of money, through sales, procurement, employment, and premises. Everything that enables an organisation to function on ...
Cloud-Based Contract Repositories: What They Are and Why You Need One
The evolution of Contract Management methodologies has occurred around the concept of Contract Repositories, or contract storage. There is good reason for this. By changing the way ...
Preventing Contract Disputes
A business contract, as a formalisation of agreed terms, is always designed to minimise risk. The avoidance of potential dispute is a large part of that risk ...
Why do you need an Entity Management System?
As pressure grows on large, enterprise level companies to keep up with regulatory compliance and the handling and transmission of what can sometimes be sensitive data, Entity ...
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