What is Contract Lifecycle Management?

    By Sean Heck on 03/15/24

    reading-minutes-icon-one-color 9 min read

    Organizations of all sizes face the need to juggle multiple digital contracts simultaneously, with each contract being at a different stage of the contract lifecycle. Leading contract management software saves time, reduces risks, improves productivity, and maximizes a contract's value. But what is the contract lifecycle management process? Read on to find out!

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    Driving Corporate Compliance Management With Contract Software

    By Sean Heck on 09/26/23

    reading-minutes-icon-one-color 4 min read

    Protecting one’s organization with proper corporate legal compliance can present a complex host of challenges. Business operations regarding corporate compliance efforts present a two-fold challenge: First, compliance departments must make sure that employees do not fail to comply with internal policies and the code of conduct across departments. Second, compliance teams must ensure that federal (in the United States or elsewhere) and state rules and regulations are observed to avoid violations. You may be wondering how to manage compliance as responsibilities, rules, and corporate compliance law evolve. Thankfully, contract management software can serve as a user-friendly compliance management system.

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    Efficiently Manage ESG Contract Clauses With AI-Backed CLM Software

    By Joshua Hansen on 04/26/23

    reading-minutes-icon-one-color 4 min read

    As ESG (environmental, social, and governance) variables continue to play an integral role within organizations and serve as a prioritized component within business decision-making, ESG clauses in contracts are increasingly at the forefront of contract negotiations and compliance. 

    Without the right contract management tools, ESG contract clause language can elongate negotiations and cause post-award compliance tracking difficulties.

    Fortunately, AI-backed contract management software offers unique tools for reducing pre-award and post-award ESG contract clause bottlenecks so your team can address ESG principles and ESG goals. Read on to learn how.

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    6 Healthcare Contract Management Tools for Stronger Contracts

    By Joshua Hansen on 04/12/23

    reading-minutes-icon-one-color 3 min read

    Healthcare contract management relying on manual processes can reduce efficiency for healthcare contract stakeholders, decrease revenue, and increase liability.  Contract lifecycle management bottlenecks can decrease the efficiency of resources, compromise contract security, and disorganize crucial data.  Read on to learn how to leverage six healthcare contract management software tools for stronger contracts.

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