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Understanding Contract Provisions: A Comprehensive Guide

Contract provisions are the cornerstone of a contract. Provisions define the terms, conditions, and clauses in a contract that enable you to understand its expectations and limitations. ...

July 19, 2023

Top 7 Risks Companies Can Avoid with Pharma Contract Management

Pharmaceutical businesses rely on entities, including vendors, suppliers, organizations for drug research and development, and regulatory authorities to run their operations. The ...

July 12, 2023

CLM vs CPQ: Understanding the Key Differences and How to Leverage Their Integration

If you depend on price sheets for complex calculations, your organization is vulnerable to contract delays, clerical errors, and revenue loss. In many organizations, Contract Lifecycle ...

June 29, 2023

E-Signature vs. Digital Signature: Understanding the Differences

In an increasingly digital age, the processes of authentication and authorization have significantly evolved. No longer confined to paper and ink, signatures have transitioned into the ...

June 28, 2023

Key Contract Management Principles for Small Business Owners

While owning a small business comes with the breezy feeling of having control and a flexible work schedule, it also comes with a lot of stress, especially managing contracts. Contract ...

June 28, 2023

Everything You Need to Know About Evergreen Contracts

Contracts form the backbone of business relations, outlining the rights, obligations, and terms of service between parties. Evergreen contracts are a unique type that demands keen attention ...

June 23, 2023

Contract Lifecycle Management Best Practices to Adopt in 2023

Every business needs an effective contract lifecycle management strategy in place to stay competitive and comply with a legal obligation. Without contract management lifecycle best ...

June 22, 2023

Electronic Contract Management System: A Click Away To Design The Contract

Managing contracts is a tedious and time-consuming process, but it doesn't have to be this way. Manually managing contracts can lead to inefficient workflows and lost documents. If you are ...

June 16, 2023

How to Get Out of Auto Renewal Contract? Strategies to Remember

Don't stay trapped in a contract you no longer need. Learn how to escape the clutches of auto-renewal contracts and regain control over your financial commitments. Understanding ...

June 15, 2023

Embracing Legal Workflow Automation for a Competitive Advantage in a Saturated Market

Legal workflow automation has revolutionized the legal sector in today's fast-paced world. Law firms face many challenges like ineffective communication, time-consuming manual tasks, ...

June 12, 2023

5 Hidden Advantages of Automating Your Contract Workflow

Your responsibility of contractual management extends beyond designing the paperwork, as they demand exceptional attention to detail throughout their lifecycle. You have to manage, report, ...

May 31, 2023

Preparation for Negotiation in Virtual Environment: Get Ready to Close the Deal

Negotiations are an essential part of contract lifecycle management and were mostly done in person until technology revolutionized this sector. With the introduction of virtual ...

May 29, 2023