Contract Management

Understanding Contract Management

Understanding Contract Management

No matter the industry, contract management processes are a time-consuming aspect for every business. Nevertheless, there are many important factors regarding this issue that need close inspection and always leave a margin for error. As times change, your contracts and agreements need to adapt to new clients, circumstances and needs. However, these processes usually don’t …

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Common Challenges Contract Managers Face

Contract managers play a vital role in countless corporate functions. More than just the vanguards of company contracts, contract managers must often work across teams and business lines to draft and negotiate agreements, monitor and evaluate contract performance, and keep track of crucial milestones and countless other functions. These tasks make contract management central to …

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Why Are More Non-Profit’s Starting To Catch The Contract Management Train?

Non-governmental organizations (NGOs) and nonprofit organizations (NPOs) are jumping on board with a very popular trend in process improvement; automated contract management. To be fair, though, contract automation is not so much a transitory “trend” as it is an essential, sustainable ingredient in NGO and nonprofit management. THE WHYs Streamlining and automating contract lifecycle management and compliance …

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Is A Contract Management Solution Right For Your Growing Company?

Running a small business is hard work. It can be taxing on your mental health when it feels like the weight of the entire operation falls squarely on your shoulders. When tasks are in large supply, but staff, resources, and bank accounts are limited, the stress of owning your own small business can seem overwhelming. …

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Does Your Contract Management Process Need An Overhaul?

Every contract that your company has contributes to its value; even customer contracts that are still in the negotiation phase contribute to the bottom line. Yet for such a valuable asset, too many companies don’t manage their contracts to capture maximum value. Ask yourself: How does our company manage its contracts? How are we maximizing …

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Why is no-code software ideal for the public sector?

Economy is key for the generally cash-strapped public sector. Yet, many governments and public organizations continue to rely on high-maintenance, pricey legacy software. Realizing the lower costs and vastly increased flexibility of some commercial offerings, the Air Force Targeting Center (AFTC) and King County in the state of Washington decided to purchase systems from Agiloft. Because Agiloft …

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Are These 4 Contract Management Issues Ticking Time Bombs In Your Organizations?

As contract management teams know all too well, overseeing a large contract portfolio can be downright complicated. As the portfolio grows, it becomes increasingly important for the team to stay organized and committed to implementing its contract management strategy. Unfortunately, even the best-laid plans can go awry, and there are certain pitfalls that are more …

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7 Key Contract Management Conferences To Attend in 2019

Looking to increase your knowledge of industry best practices and learn how to overcome contract management challenges? Or better yet, hoping to find the best contract management software for your organization?  These 7 contract management conferences will allow you and your colleagues to meet other professionals in your field, collaborate on overcoming process challenges and …

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