Contract review is one of the most critical stages in the life of a contract. Unfortunately, many organizations are using obsolete contract management methods. Manual and entirely paper-based contract review methods can lead to missed key dates and deadlines, missed opportunities, costly and damaging contract language oversights, and other harmful consequences and contract lifecycle bottlenecks for your organization. Luckily, this blog post will examine the contract review process – as well as how one can improve contract review with AI-based contract management software.
What Is Contract Review?
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Topics:
automated workflow
Business Process Automation
contract authoring
contract negotiation
contract writing
VISDOM AI
Contract Artificial Intelligence
Contract Management AI
AI-Powered Contract Management Software
AI-Based Contract Management
legal workflow automation
contract management automation
Contract Intelligence
concurrent editing
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6 Critical Contract Management Tools for 2021
5 min read
2021 has arrived, and with it comes new innovations to your contract management software processes. Keeping this in mind, we have outlined six critical contract management tools that your organization should equip itself with to stay ahead of future-minded contract management best practices in 2021 and beyond.
Topics:
Contract Compliance
Contract Lifecycle Management
contract lifecycle software
contract negotiation
contract repository
contract writing
contract writing solution
eSignature
Contract Management Software
VISDOM AI
Contract Artificial Intelligence
Strategic Contract Management
contract approval process
contract management software features
AI-Powered Contract Management Software
AI-Based Contract Management
contract management tools
IntelliSign
contract requests
OFAC
Contract Intelligence
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We Give an Illustration That Shows the Stages in the Life of a Contract
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In order to get started with improving contract lifecycle management, there first needs to be an understanding of what exactly the contract lifecycle is - as well as how it progresses. To that end, we have provided an illustration that shows the stages in the life of a contract - as well as descriptions that give more insight into how each stage involves and can be managed with contract management software!
Topics:
compliance
contract authoring
Contract Compliance
Contract Compliance Software
contract life cycle management
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Lifecycle Stages
contract negotiation
Contract Stages
contract writing
contract writing solution
e-sign
E-signatures
eSignature
signatures
Electronic Signature
electronic signatures
eSignatures
contract approval process
electronic signature software
IntelliSign
contract requests
legal requests
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4 Must-Have Contract Management System Features To Look For
4 min read
2021 has already brought many enhancements and innovations to contract management automation - and contract management technology will not stop enhancing contract management processes any time soon. Your organization could be missing out on user-friendly and future-minded contract management system tools. As such, here is a list of four must-have contract management software features for a streamlined, simplified, cost-effective, and configurable process for increased ROI.
Topics:
contract life cycle management
Contract Lifecycle
Contract Lifecycle Management
contract lifecycle software
Contract Lifecycle Stages
contract negotiation
contract writing
contract writing solution
Contract Management Software
Maximize ROI with CLM
CLM
CLM ROI
CobbleStone Software Integrations
VISDOM AI
Contract Artificial Intelligence
Contract Management AI
AI-Powered Contract Management Software
AI-Based Contract Management
CLM Software
integration
IntelliSign
Contract Intelligence
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