Contract management professionals of all types are in the age of digital transformation. Organizations need to correctly leverage contract management tools to adapt successfully. As with any practice, mistakes in contract management are quite possible. Contract management teams leveraging obsolete, manual methods are even more likely to commit CLM errors – resulting in contract lifecycle bottlenecks, missed key dates and milestones, and lost revenue. Mistakes in contract management must be avoided. Read this blog to discover six common mistakes in contract management – and how they can be evaded with the help of contract management software.
6 Mistakes in Contract Management To Avoid
6 min read
Topics:
Agreement tracking
CLMS Return on Investment
contract authoring
contract life cycle management
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Lifecycle Stages
contract repository
contract tracking
Contract Tracking Software
contract writing
contract writing solution
e-sign
E-signatures
eSignature
Maximize ROI with CLM
signatures
tracking
CLM
CLM ROI
CLMS
Electronic Signature
electronic signatures
eSignatures
VISDOM AI
Contract Artificial Intelligence
Contract Management AI
AI-Powered Contract Management Software
AI-Based Contract Management
document assembly
document assembly solution
CLM Software
electronic signature software
Contract Intelligence
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5 Benefits of an Automated Contract Life Cycle Process
4 min read
The contract lifecycle is a great way to categorize the steps of contract administration, from requests to renewals. But how can you embrace legal operations digital transformation to automate the contract life cycle process? Read this blog to find out.
Topics:
Agreement tracking
compliance
Contract Compliance
Contract Compliance Software
contract life cycle management
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
contract tracking
Contract Tracking Software
Maximize ROI with CLM
tracking
CLM
CLMS
CobbleStone Software Integrations
contract clauses
CLM Software
integration
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CLM Meaning - A Beginner’s Guide To Contract Lifecycle Management
4 min read
You may have seen or heard the term CLM tossed around in conversations and online. However, perhaps you do not have a comprehensive understanding of what it truly means. Contract management professionals, including general counsel and paralegals, should gain at least some conversance with CLM and how digital contract management software tools can be leveraged for success in contract lifecycle management. Read on to discover an introductory overview of CLM.
Topics:
contract life cycle management
contract lifecycle software
Contract Lifecycle Stages
CLM
CLM ROI
CLM Software
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The Responsibilities of a Contract Management Team
7 min read
Contract management teams hold a lot of responsibilities throughout the life of a contract. Streamlined and organized contract collaboration is key to CLM success. Without a clear-cut understanding of how the contract process should occur, contract management teams can encounter unnecessary contract risk, contract lifecycle bottlenecks, and decreased revenue. As such, we have outlined the responsibilities of a contract management team and how these responsibilities can be centralized and organized with leading contract management software.
Topics:
automated workflow
compliance
Contract Compliance
Contract Compliance Software
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Management Solutions
Contract Management System
contract repository
contract workflow
Custom Reports
reports
risk management
workflow
workflows
Contract Management
Document Collaboration
Contract Reports & Analytics
contract risk
records management system
Contract Management Workflow
contract collaboration
risk response plan
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