aaron burden GFpxQ2ZyNc0 unsplash

Three steps to a winning supplier management strategy

Procurement and supply chain professionals deal with an extensive and increasingly complex network of suppliers. These individuals can struggle with the inefficiencies of manual processes when managing contracts and tracking
Posted  on October 20, 2024
nina mercado 5Y8NrzPya w unsplash

5 tools for successful contract management in 2025

With new advancements and options for effective contract management continually evolving, we’ve detailed five essential contract management tools contract managers can empower themselves with to navigate the ever-changing landscape of
Posted  on October 10, 2024
ali shah lakhani sp1BZ1atp7M unsplash 1

Four ways to use machine learning in supply chain management

Four ways to use machine learning in supply chain management Like many other business processes, supply chain management is being positively transformed by machine learning and AI technologies. Key innovations
Posted  on October 8, 2024
lance grandahl nShLC WruxQ unsplash

The role of contract management in mergers and acquisitions

Mergers and acquisitions (M&A) can be necessary and beneficial growth strategies for many organisations. However, M&A transactions are complex and require more than just strategic vision and financial acumen; effective
Posted  on October 1, 2024
bradyn trollip pxVOztBa6mY unsplash

The consequences of poor contract management

The consequences of poor contract management Contracts can be a headache. They’re the backbone of any business relationship, but when contracts are poorly managed, the ripple effect can be significant.
Posted  on September 30, 2024
mario hafliger sa7sSTOUYtQ unsplash

The importance of your contractual relationships

The importance of your contractual relationships Legal operations success often hinges on the strength of your relationships. You probably work with many vendors, clients or partners, and one key aspect
Posted  on September 25, 2024
adrian curiel vbQsU3kVVPI unsplash

The ten contract management system requirements your chosen system should offer

There are many efficient contract management platforms on the market for small businesses, expansive enterprises and global multi-nationals. Searching for the best contract management software to manage contracts can be daunting.
Posted  on September 8, 2024
chris lawton 5IHz5WhosQE unsplash

What is a contract amendment?

A contract amendment is a modification of the terms and conditions of a contract or subcontract. How can contract amendments be managed? Though we’ll explore contract amendments more in-depth, it’s
Posted  on September 5, 2024
alex machado 80sv993lUKI unsplash

Let’s talk SaaS security: protecting your apps and data in the cloud

As many businesses transition to cloud applications, Software as a Service (SaaS) has captured the pragmatic zeitgeist of modern operations. As with any new technological era, this shift has come
Posted  on August 29, 2024
miguel bruna TzVN0xQhWaQ unsplash

The three contract management KPIs for Success

Contract managers are under increased pressure to deliver value with reduced contract risks, decreased contract costs, and improved contract performance.  When you regularly measure progress and the success of contracts
Posted  on July 31, 2024
peter robbins QItYfCf9ZRA unsplash

Olympics anyone?

If you’re anything like me, now the Olympics are well and truly underway, you’ll be glued to the screen at odd hours of the day and night, entranced by sports
Posted  on July 30, 2024
andrey strizhkov yfTn9GZ5 hI unsplash

Ten steps for effective CLM

Efficiency and productivity are paramount for a healthy contract management process. Yet achieving these goals can be daunting. Luckily, contract lifecycle management (CLM) software can streamline contract processes from creation to renewal.
Posted  on July 30, 2024