CLM software

Best Practices for Contract Management in Healthcare

Every hospital, healthcare facility, or sanitary institution needs to rely on CLM at some stage, especially during a global outbreak. Since these organizations have to keep running, manage resources, and handle workflows, contract management in healthcare is crucial to assure the demands of patients, workers, providers, and regulations amidst a crisis or everyday operations. Healthcare …

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Why is contract compliance important for better negotiations?

Establishing solid relationships with partners, vendors, and other actors are essential to any business. Although contract compliance is important and takes most of your resources, many companies spend too little on procurement. If you plan to have better negotiations, reduce risk, and not lose 9% of revenue, Koho software can help. Reasons why contract compliance …

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7 stages of contract management that you need to know

Nowadays, companies aim to be more cost-effective, productive, and maximize efficiency. You can do this using Koho like software, having a better understanding of the asset lifecycle, and learning how the stages of contract management serve in automation goals. What are the stages of contract management? To register and deal with assets’ complexities, you have …

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Customizable contracts: What you need to know about CLM software

Customizable contracts and templates serve as a distinct trademark. Since a multipurpose approach doesn’t take into account many negotiation’s needs, you have to do better. If you want to stand out from the competition, a CLM software can deliver unique legal agreements. CLM software for tailor-made contracts Statistically, 9% of proposals end in dispute across …

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How to choose contract automation software

To evolve, businesses need to envision better visibility, performance, productivity, profitability, scalability, and client satisfaction. These benefits can be achieved through a proper CLM system that fits your expectations. Looking for a contract automation software? Let’s do it together. Key elements to choose a contract automation software Since there are many options available, choosing a …

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A CLM software solution to solve your problems

Manual contract management vs automated CLM software

Now that automation of contract lifecycle management has become more accessible and customizable, companies can leave behind their old ways. Since this process can be quite slow, there is a greater need for more efficient solutions. That’s why we will compare manual procedures vs a CLM software.  A CLM software solution to solve your problems …

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What does CLM mean to In-House Counsel

CLM in legal means Contract lifecycle management which is a methodology to optimize contracting activity, saving costs, and time.   Digitalization has become an essential step for growth in all industries, for instance, applying CLM in-house legal counsel is now a key element to mitigate risks while improving productivity and efficiency. The automation of contract processes …

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