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Are you planning to adopt a new contract lifecycle management (CLM) software solution into your business? If so, we recommend taking some key things into consideration prior to implementing your new CLM software.
In recent years, enterprises and various organizations have devoted more time and attention toward strategic contract lifecycle management (CLM) initiatives in efforts to drive business growth and profits. With the objective of reducing contract lifecycle times, many have redirected CLM processes from manual systems (i.e., physical storage and shared drives) to online CLM software solutions. In this way, companies can get the most out of their CLM with contract automation capabilities that can improve workplace productivity, compliance, and risk management all while shortening contract lifecycles.
You can use Power Automate flows to process a long list of tasks and activities. From critical business processes to simple notifications, you can use flows to automate your business activities.
In this blog post, we will discuss how to schedule flows. This facility is useful when you want to automate processes that you wish to run at regular intervals or at a certain time slot. Now, let's learn more about recurring flows and their characteristics below.
In recent blogs, we have discussed the stages of contract lifecycle management and the definition of contract lifecycle management to unpack exactly how critical it is to strategize your business is contract lifecycle management (CLM) initiatives.
It’s necessary to have a basic understanding of what contract lifecycle management is. Contract lifecycle management refers to the administration of contracts and how contributors plan for each stage of a contract’s lifecycle from contract request, to contract renewal or expiration. Effective contract lifecycle management results in the elimination, mitigation, or reduction of risks.
The events you plan and execute as part of your business are critical. Whether it's marketing, internal processes, or other celebrations, it's important to let everyone know about each event to ensure that the right people are aware of everything happening in your organization.
Productivity is essential to the success of any business or organization. With specialized Microsoft 365 software solutions, your organization can easily enhance productivity and efficiency.
Microsoft Power Automate is a unique application provided in the Microsoft 365 set of solutions. Power Automate helps you automate those repetitive, time-consuming, and boring tasks. This gives you more time and resources to focus on critical business processes play a direct role in productivity.
If you are just getting started with Power Automate or are not a Power Automate expert, this blog post will change your approach towards the application in the next 10 minutes of reading.
There are many integrations available today that help improve contract lifecycle management. Here at Dock, we utilize several integrations to help provide powerful contract lifecycle management. Want to learn more about some key integrations that help with contract lifecycle management? Here is a guide to contract management integrations that will give you a broad overview. Today, we will discuss DocuSign as an integration option for contract management in more detail.
One of the most powerful integrations available for contract management is Microsoft Teams. Microsoft Teams provides powerful features that enhance communication and collaboration both internally with your contract management team, and externally with clients, vendors, and other contract stakeholders. Many businesses have produced incredible results and seen vast improvements in their contract lifecycle management strategies by making the transition to Teams.