CLM Blog

Contract Management Blog

Latest Blog Posts and Articles from Contract Logix.

What is Spreadsheet Management with Contracts?

Many businesses try to manage their contracts using spreadsheets. While this may work if you have only a small number of contracts to handle, attempting spreadsheet management with contracts quickly proves problematic as the number of contracts you handle increases. What should you do if using Excel or Google Sheets for contract management isn’t getting the job done for your business? The best solution is to migrate from spreadsheet management to dedicated contract management software, which is a much more robust solution.

Contract Logix Takes Top Prize in G2 Summer 2021 Rankings

Contract Logix recently secured the top spot in the Summer 2021 G2 Results Index for Contract Lifecycle Management (CLM). The company continued its leadership, also ranking as a “High Performer” in the G2 Summer 2021 Grid® Report for Contract Lifecycle Management Software. G2 scores products and sellers based on actual customer reviews of the software, as well as data aggregated from online sources and social networks.

How Do You Handle Scope Creep in Contract Management?

A good contract is well-defined and specific to both parties’ needs. Unfortunately, many contracts start out this way but keep expanding during the process to cover more and less-closely related elements. This type of scope creep can slow down the contract management process, make contracts more difficult to negotiate and enforce, and waste valuable time and resources. None of these outcomes are ideal – so how do you handle scope creep in your contracts? Read this article to learn best practices and strategies for minimizing scope creep.

Contract Logix Awarded “Best Results” in G2 Summer 2021 Index for Contract Lifecycle Management

Contract Logix, a leading provider of data-driven contract lifecycle management (CLM) software, today announced it has secured the top spot in the Summer 2021 G2 Results Index for Contract Lifecycle Management (CLM). Contract Logix continued its leadership, also ranking as a “High Performer” in the G2 Summer 2021 Grid® Report for Contract Lifecycle Management Software. G2 scores products and sellers based on actual customer reviews of the software, as well as data aggregated from online sources and social networks.

The Ultimate Contract Management Review Checklist

It’s important to put together a contract management review checklist that helps make sure all the proper steps have been followed in your process and all contingencies considered. It’s a matter of dotting all the i’s and crossing all the t’s to mitigate risk and ensure compliance – which can be facilitated by the use of automated contract management software such as Contract Logix.

Healthcare Contract Lifecycle Management: 5 Benefits of CLM Software

Healthcare contract management or contract lifecycle management (CLM) provides an opportunity for healthcare organizations to transform inefficient, manual, and document-centric processes into dynamic, digital, automated, and streamlined ones while optimizing data they already have.

Can You Use a Contract Management Template with Contracting Software?

Using spreadsheet-based contract management templates works fine for businesses with a small number of contracts. But as your business grows, you will quickly find that you need a more robust contract management solution in the form of contract management software that centralizes, automates, and streamlines all of your contract management activities to help reduce the risk of manual error while increasing speed and compliance.

How Do I Know If My Company Needs Contracting Software?

The business world’s complexity seems on an endless upward curve. This trend is forcing companies to focus their efforts on core competencies and, wherever possible, outsource vital support functions. For organizations that want to improve their overall operational efficiency, here are five reasons why you need contracting software, also commonly referred to as contract management software, to help automate and streamline your contract lifecycle management (CLM) processes.

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