Contract Management Blog

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Blogs

Improving Contract Management Organization Structure

Digital transformation is accelerating. Data is the key to success, no matter what your industry or business segment. Data-driven organizations can make more informed and more rapid decisions that help them run their operations more efficiently and effectively. Are you taking the best advantage – and best care – of this valuable contract information? It’s all about how you manage your contracts and choosing the right contract management organization structure.

Oct 7, 2021

The Healthcare Industry Is Digitally Transforming Its Contracting Processes

The ongoing COVID-19 pandemic and the recent 25th anniversary of the Health Insurance Portability and Accountability Act (HIPAA) have both underscored the critical importance for healthcare organizations to speed up their digital transformation initiatives.

Oct 6, 2021

Blogs

Comparing Document-Centric and Data-Centric Contract Management

When it comes to contract management, there are two main approaches to managing contract data – document-centric and data-centric. Which contract data management model is best for your organization? While you might think that a document-centric approach makes sense when dealing with contracts and supporting documents, the reality is that a data-centric approach provides the most effective, efficient, and flexible access to the information you need.

Oct 4, 2021

Blogs

Contract Negotiation and Getting Signatures Fast

Collaboration Room is a highly efficient method to get contracts reviewed and signed at the same time while automatically ensuring version control. It helps capture signatures faster by reducing friction and ensuring the negotiation and signature process is easy for everyone involved.

Oct 1, 2021

Contract Logix Launches Digital Contract Transformation (DXC) Awards to Celebrate its Customers’ CLM Achievements

Lowell, MA – September 23, 2021 – Contract Logix, a leading provider of data-driven contract management software, today announced its inaugural Digital Contract Transformation Awards program to recognize and celebrate customers across industries that have digitally transformed their contract lifecycle management (CLM) into an intelligent and data-driven function. The program will reward individuals and organizations who have innovated using CLM, delivered excellent results to their own internal and external customers, and made a significant positive impact on their business processes.

Sep 23, 2021

Blogs

Challenges of Managing Contract Status Throughout the Lifecycle

Effective contract lifecycle management is a critical part of operating any business, especially those in highly regulated, risk-conscious industries like healthcare, pharmaceuticals, and energy. This article explains some of the common issues in managing contract status and how contract management software can help your contract teams address those issues more easily.

Sep 22, 2021

Blogs

Document Compare: Easily Compare Document Versions & History

When negotiating contracts, keeping track of every version and all the edits associated with each version can be challenging. The good news is that with Contract Logix’s Document Compare and Auto Compare capabilities, comparing multiple versions of a document and even seeing the complete history of all changes to a contract are as easy as clicking a button.

Sep 20, 2021

Blogs

4 Ways to Leverage Contract Management Software

Any organization with contracts should make use of a contract management system. Even with a contract management system, many businesses are not utilizing it to its full potential. To get the benefits of the software it is important to utilize its features like a central repository, security, automated workflows, clause & template libraries, and more.

Sep 16, 2021

Improving Contract Management Organization Structure

The Healthcare Industry Is Digitally Transforming Its Contracting Processes

Comparing Document-Centric and Data-Centric Contract Management

Contract Negotiation and Getting Signatures Fast

Contract Logix Launches Digital Contract Transformation (DXC) Awards to Celebrate its Customers’ CLM Achievements

Challenges of Managing Contract Status Throughout the Lifecycle

Document Compare: Easily Compare Document Versions & History

4 Ways to Leverage Contract Management Software

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