Contract Insights

As a legal operations professional, you hold a tremendous responsibility within your organization – especially in managing internal and external stakeholder processes.  Relying on manual contract management processes such as spreadsheets, emails, and shared drives can create inefficient contract management processes that can decrease revenue, waste time, and increase risk.  Read on to learn how legal operations software and contract management software can empower your day-to-day legal operations.

An antiquated contract signing process can be exhausting and overly complicated.  However, tedium and headache are not the only consequences.  Organizations relying on paper-based printing, signing, wet signatures, drawn-out mailing times, and costly postage fees are essentially guaranteed to lose out on revenue, opportunity, and timeliness.  But why?  What's so good about a more modern contract signing solution anyway?  Read on to learn about what you are missing if you lack an advanced electronic signature software solution within contract management software.

It is easy to make your case for contract management software and its ability to positively transform contract lifecycle management processes.  With so many user-friendly contract management software features at your disposal, it can be overwhelming to plan precisely how to utilize contract management software for your organization's needs.  But it does not have to be.  To that end, here are four fundamental contract management software features to get you started with better contract administration in the age of legal operations digital transformation.

As contract management is a multi-faceted process with numerous steps and moving parts, it is easy for your organization to face problems.  This risk of contract management issues is significantly increased if your organization leverages manual or antiquated contract management tools.  To elucidate the CLM hardships you face and encourage growth - here is a list of six problems you might encounter in contract management.  After that, we can note how to solve such issues with contract management software.