Contract Management is no longer just an administrative function in modern companies. In an era marked by increased complexity, digitalization, and global market changes, contracts...
Month: September 2024
Contract management is a critical function
Contract management is a critical function that ensures agreements are effective and protects your organization's interests. But how do you know if your efforts are truly successful?...
Navigating the complex web of contract management in healthcare
In the rapidly evolving landscape of healthcare, effective contract management is more crucial than ever. With the integration of various services, technologies, and regulations,...
The critical relationship between general counsel and supply chain management
For many in-house lawyers, it’s easy to understand the importance of the relationships between the general counsel and the CEO, CFO, CMO, and others key business leaders. But one...
Elevating procurement’s role in risk management and sustainability
In the Economist Impact report, titled “Across the procurement-verse: Changing trends in the procurement function” and sponsored by SAP, surveyed executives share increased confidence...
Contract management for different industries
Introduction Contract management is crucial across industries, ensuring agreements are executed effectively, risks are managed, and compliance is maintained. Each industry has unique...
AI’s first serious foray into legal may be contract review
Nearly half of legal professionals spend three hours or more reviewing a single contract, according to a recent survey, leading many in-house counsel and firms to consider whether...
Maximizing success: understanding the key components of an effective sales contract
Sales contracts are the cornerstone of commercial interactions, providing a comprehensive framework for the exchange of goods or services between parties. An effective sales contract...
Seven areas of focus for excellence in procurement
In the world of procurement, excellence is not just a goal – it is a journey of continuous improvement and alignment with the core values of a business. But how to achieve procurement...
The impact of ESG on contract management
Too good to be true, right? Incorporating ESG principles into contract management may seem daunting, but it’s a crucial step toward more responsible practices for a brighter future....