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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 […]
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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 […]
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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. […]
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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. […]
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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 […]
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The five goals of contract management

What is the goal of contract management? This question is essential for legal operations professionals to ask themselves when forming their […]
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What is contract management software for government contractors?

Contract management for government contractors demands meticulous attention to detail and leaves much risk of error. These contractors work with an […]
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What is the contract performance management process?

Contracts serve as the keystone around relationships between companies, vendors, clients, and other stakeholders. However, a contract is only worth its […]
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How to structure a contract management team for success

Contracts may not be glamorous but they’re the backbone of any business, and if not managed well can quickly transform into […]
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Why is contract lifecycle management important

Contract management. To many, the phrase evokes images of crowded file cabinets with reams of paper, complicated email threads and the […]
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Goods and services in contract management: a crucial distinction

In contract management, the seemingly straightforward distinction between ‘goods’ and ‘services’ serves a surprisingly essential purpose. Although the phrase “goods and […]
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Three important functions of contract administration

Contract administration is crucial for a successful contract lifecycle. Efficient and effective contract drafting, managing the contract repository, and monitoring compliance help […]