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Stages of Contract Lifecycle Management: #6 – Records Management Stage
During this series, we have discussed the first five stages of contract lifecycle management: contract request, contract authoring, contract approval, contract execution, and contract storage. Today we will cover the sixth stage of contract lifecycle management: the records management stage.
Stages of Contract Lifecycle Management Series: #5 - Contract Storage
We have discussed the first four stages of contract lifecycle management: contract request, contract authoring, contract approval, and contract execution. Today we will cover the fifth stage of contract lifecycle management: contract storage.
Stages of Contract Lifecycle Management Series: #4 - Contract Execution
We have discussed the first three stages of contract lifecycle management: contract request, contract authoring, and contract approval. The fourth stage of contract lifecycle management is contract execution. We will cover all the important details and tasks involved in this critical stage of the contract lifecycle.
Stages of Contract Lifecycle Management Series: #3 - Contract Approval
We recently covered the second stage of contract lifecycle management – the contract authoring stage. Today, we will discuss the third stage of contract lifecycle management, the contract approval stage.
Stages of Contract Lifecycle Management Series: #2 - Contract Authoring
We recently covered the first stage of contract lifecycle management – the contract request stage. Today, we will discuss the second stage of contract lifecycle management, the contract authoring stage.
Stages of Contract Lifecycle Management Series: #1 - Contract Request
Contract lifecycle management refers to the successful administration of contracts and the manner that contributors effectively plan for each stage of a contract’s lifecycle – resulting in the elimination, mitigation, or reduction of risks.
How To Improve Legal Operations With Contract Management Software
Implementing contract management software is an effective way to increase efficiency within your legal department’s operations. According to the International Association of Contract and Commercial Management, research shows that “improving contract management can increase corporate profitability by nearly 10 percent annually” (Silverman, 2020).
23 Significant Clauses in a Modern Contract
Modern problems require modern solutions. Contract management is modernizing to continue to be a solution for all enterprise operations. In this new decade, as the dynamics of how we evolve in business drastically changes, it is essential that contract management software changes too. Businesses need to equip themselves with a viable contract management software solution to adapt to the ever-changing world.
