When managing contracts, performance monitoring is one of the most important ways to measure success. With a large variety of contracts, all with different terms, it can be difficult to know how you should assess contract performance. Luckily, you can boil down the success of each contract, no matter the complexity, to four key contract performance metrics. Read on to discover how contract management software can help you optimize four key contract performance metrics.
4 Important Contract Management Performance Metrics
By Bradford Jones on 10/9/24
3 Reasons Contract Data Import & Export Are Easy with CLM Software
By Sean Heck on 10/8/24
Contract data import and export processes can be riddled with bottlenecks, including challenges with data accuracy, format compatibility, and manual effort. Tedious input and validation processes slow down workflows, especially when handling large volumes of contracts and associated documentation, increasing the risk of human error. But it does not have to be this way. Here are three reasons contract data import and export can be easy with contract management software.
4 Healthcare Contract Lifecycle Management Scenarios Solved
By Sean Heck on 10/3/24
The healthcare industry provides services to treat patients with curative, preventive, rehabilitative, and palliative care. Healthcare organizations need to manage various types of contracts, which are rife with critical and sensitive data that are even more complex due to the regulations inherent to the industry. Winning healthcare organizations trust healthcare contract lifecycle management (CLM) software to assist with managing these contracts and data. To that end, here are four example scenarios with hypothetical organizations that elucidate challenges in contract management for healthcare, solved with an effective contract management solution!
Why State & Local Governments Love Contract Management Software
By Sean Heck on 10/1/24
State governments, local governments, and special districts manage extensive systems for housing, transportation, sanitation, utilities, land use, and communication to facilitate interactions between people, governments, and businesses. Contracts are public records, and managing them with inefficient and insecure methods is less than ideal. Additionally, vendor registration and management with outdated procedures is difficult and time-consuming. Contract management software can help, and this is why state and local governments love it so much. Let's explore further.