Contracting Tips Archives - Page 2 of 2

05 Dec 22

Simplify Buy-Side and Sell-Side Contracts with Smart CLM Tools

Buy-side and sell-side contracts are some of the most common types of contracts businesses deal with daily. However, most people are still confused by the contents of each contract and what they mean for their business. Having a deeper understanding and knowing the difference between these contracts is imperative to…

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21 Nov 22

Do you need a contract management software?

In today’s fast-paced business world, legal departments are bombarded with multiple contracts that they have to draft, analyze, and send to their respective stakeholders. They are required to stay on top of any renewals or obligations, which can be extremely inconvenient without a centralized source for their contract management. Contracts…

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26 Nov 21

4 KPIs for Contract Management Success

Contract managers in every organization are under constant pressure to design strategies that drive significant impact and deliver value in terms of cutting down on costs, time, and risks, thereby, improving overall performance. The optimal KPIs for contract management are built around “SMART” goals, which means the deliverables are specific,…

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