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AI in Contract Management: Streamlining the Future of Legal Operations

In the modern business landscape, contracts are the backbone of every transaction – whether it’s supplier agreements, employee onboarding, NDAs or large-scale client deals. However, managing contracts manually is time-consuming,
Posted  on June 5, 2025
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Why digital contracting is a must have for modern organisations

Technology has brought expediency and efficiency to a myriad of business processes. However, some contract management solutions fall short in this regard (that is – they fall short of true digital contracting).
Posted  on June 4, 2025
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Contract performance monitoring

When managing contracts, performance monitoring is one of the most important ways to measure success.  With a large variety of contracts, all with different contract terms, it can be difficult
Posted  on June 3, 2025
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The eight stages of the contract lifecycle

Contracts are legally binding – and thus need to be executed properly.  Legal teams should equip themselves with a thorough understanding of the contract lifecycle management process.  The contract lifecycle
Posted  on May 23, 2025
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What is legal technology in 2025?

According to Gartner ‘by 2027, the global legal technology market will double in size because of GenAI – and legal leaders face growing pressure to respond’. This projection underscores the
Posted  on May 23, 2025
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Is your CLM software ready for 2025’s regulatory legal changes?

As 2025 continues to unfold, legal regulatory landscapes are shifting faster than ever. This year’s shifts include global changes to evolving import tariffs, AI governance practices and ESG mandates. For
Posted  on May 2, 2025
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What is a hold harmless agreement?

Understanding liability and risk transfer is paramount for any organisation managing contracts. A critical instrument that facilitates this mutual understanding is the hold harmless or indemnity agreement. Encountering a hold
Posted  on April 29, 2025
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What is a signatory?

A brief overview Have you ever come across the term in a contract or other legal document? In simple terms, a signatory is someone who signs on the dotted line
Posted  on April 25, 2025
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What is a bilateral contract?

A simple guide From simple deals between friends to complex business arrangements, contracts play a crucial part in defining the terms and conditions of an agreement. One common type of
Posted  on April 22, 2025
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What is ratification in contract law?

Contract law – what you need to know Contracts are the foundations of trust, in both business contexts and everyday life. Understanding contract law empowers you to navigate agreements confidently
Posted  on April 7, 2025
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Procurement in contract management

In 2025, the e-Procurement landscape will be marked by solutions that are efficient yet resilient, simple, and adaptable. Leading providers are already at the forefront with eProcurement software designed to meet these shifting demands. Looking ahead: key trends in 2025 Some of the
Posted  on April 4, 2025
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What are the four components of contract management?

Managing contracts and maintaining contract process efficiency can be challenging – especially without an understanding of contract lifecycle management and the proper functionality to succeed. In fact, 25 percent of contract management professionals we asked
Posted  on April 4, 2025