Reshaping the Way You Work

Dock 365 is committed to providing you with tools and information you can use to take your business to the next level. At Dock 365, we believe that success and knowledge go hand in hand. Our goal is to ensure that all companies have access to information they can use to be more efficient and effective. Make sure to follow and subscribe to our blog for insights into the latest business solutions, trends, and practices.

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: #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.

Top 7 Contract Management Tips for IT Managers

IT managers play an important role in several distinctive operations in every business. By attaining proper knowledge of all-things contract management, your organization’s IT manager can be better equipped to meet certain contract management-related needs. Information technology professionals often have quite the limited training and education in contract management, which makes perfectly valid sense.

4 Types of Breach of Contract To Be Informed of in Contract Management

Upon entering a contract, one of the greatest risks you will face is a breach of contract. In your company, if you regularly work with a high volume of various types of contracts, it’s likely that at some point, you’ll encounter the catastrophe that is a breach of contract. There’s nothing worse than having to deal with a contract where one party doesn’t do their part on delivering on agreed-to terms. pon entering a contract, one of the greatest risks you will face is a breach of contract. In your company, if you regularly work with a high volume of various types of contracts, it’s likely that at some point, you’ll encounter the catastrophe that is a breach of contract. There’s nothing worse than having to deal with a contract where one party doesn’t do their part on delivering on agreed-to terms.

Contract Management Software for Small Businesses

Contract management isn’t always top of mind when it comes to small businesses. Customer relationships and basic, fundamental business operations tend to be more of the focus within small businesses, and understandably so. However, to successfully scale your small business, it’s necessary to prepare effectively by implementing a specific contract management strategy.

5 Processes Streamlined by Contract Management Software

Contract management is an integral component to any industry or business. Contracts are legally binding documents that serve as a foundation for regular business operations and are critical to risk mitigation. With the growth of any business comes an increase in contract volume. To ensure your business can scale and efficiently grow, we suggest implementing contract management software to streamline all contract-related duties.

The Importance of User Permissions in Contract Management Software

The security of your contract management system is one of the most important factors of a successful and high performing contracting solution. To ensure that the best security measures are taken, we recommend having a great understanding of user permissions and why user permissions contribute to your software’s security. Contracts include detailed terms that often provide context as to what user permissions are allowed per the contract.

The Benefits of a Centralized Repository in Contract Management Software

A cloud-based, centralized contract repository is a highlight of modern contract management software solutions. Prior to the technological advancements of today, traditional contract management processes were conducted manually – leading to disorganization, a lack of cohesiveness, and document loss. In these previous management methods, storing and sorting physical documents was very ineffective and risky. Contracts and related documents were often improperly categorized (or not categorized at all) in physical storage systems – leading to difficulty and time wasted when searching for a specific document in the repository.

Don't Get Left Behind!
Subscribe to Dock 365 Blogs!
Stay up to date with the latest business tips and trends.