Contract Insights

Managing contracts can be challenging for legal, procurement, and contract management professionals - especially when primarily relying on outdated tools such as spreadsheets, emails, and shared drives. Without accountability, visibility, a clearly defined process, and actionable insights within a SaaS contract management software suite, you can find yourself running into compliance issues, minimizing contract value – among other setbacks.  Contract lifecycle management requires careful planning, the right technology, a well-planned contract strategy, and comprehensive SaaS contract management processes.  Fortunately, robust SaaS contract management software can help streamline your contract lifecycle management processes. Read on to discover five key advantages of SaaS contract management software.

As a legal professional, you hold a tremendous responsibility within your organization – especially with managing internal stakeholders and maintaining efficient processes with external stakeholders.  Relying on disparate and manual contract management processes such as spreadsheets, emails, and shared storage drives can create an inefficient contract management process that can waste time, decrease revenue, and increase risk.  Read on to learn how paralegals, general counsel, and corporate counsel can leverage four essential legal ops contract management software tools for success.

Document assembly plays a vital role in the contract lifecycle, where document contributors band together to form a cohesive contract document.  However - inefficient legal document assembly can stem from unorganized contract templates, obsolete contract language, and subcontracts divorced from related original contract documents.  Read on to discover three essential contract management software document assembly tools for enhanced legal operations and contract lifecycle management success.

Contract redlining can prove to be a tedious process during negotiations. Coordinating with stakeholders during the contract redlining process using siloed processes such as MS Word documents with tracked changes, email communications, and shared drives can further delay contract negotiations.  Read on to learn how you can leverage future-minded contract redlining tools that centralize people, processes, and technology in a robust contract management software suite to help automate legal operations for contract lifecycle management success.