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Five Contract Management Risks and How They Can Destroy Your Business

It’s never a good idea to wait until a crisis makes you realize how faulty your contract management is. Indeed, with business comes many inherent risks. However, with a smart contract ...
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3 Challenges in Contract Obligation Management

Are your contract closing statistics overwhelming, but you aren’t sure how to keep track of obligations arising out of them? You’re dealing with contract obligation management issues. ...
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Why Contract Management Template Excel Is a Bad Idea

 Did you know? Microsoft Excel is used by approximately 70 million people worldwide and is one of the most important consumer products. But when it comes to catering to various users' ...
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Turning Contract Data Into Strategic Action Inspiration

Most companies are unaware of the data that the contract management software is generating for them. Within the dashboard is hidden a goldmine for the individuals who know how to read and ...
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Main Steps to Create a Strong Contract Procurement Process

Do you want to streamline purchasing goods and supplies in your organization? Developing the contract procurement process can surely help. A robust procurement system can save you from ...
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Contract Management Maturity Model

Do you think your organization can perform better if a mature system exists for contract management and compliance? Implementing a better model depends on evaluating the existing strategy ...
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Managing Retail Contracts Digitally

Apart from the competitiveness of the retail sector, managing the day-to-day operations and handling the deals with all the stakeholders is challenging. Contracting with different ...
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Post Award Contract Management Best Practices

Are you trying to implement the post award contract management at your organization but aren’t sure of the right way to go about it? You certainly cannot leave the compliance stage ...
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Contract Management in Project Management: Its Stages, Features, and Importance

Contract management is among the most critical aspects of project management. It involves creating, negotiating, and administering contracts between two or more parties. Contracts ensure ...
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Parley Pro 2023 Predictions: Standardization Becomes the Standard in Tech in 2023

Industry executives and experts share their predictions for 2023. Read them in this 15th annual VMblog.com series exclusive.
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EContracts: Are They Future Or Failure?

There is no doubt that the digital age has changed the way we do business. One of the most significant changes has been how contracts are created and exchanged. With the rise of econtracts, ...
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How to Evaluate the Results of Contract Management Planning: Tips for Measuring KPIs

If you have followed our four-step Contract Management Planning (CMP) process up this point, you and your law department colleagues have now begun the work of assembling a team that will ...
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