Contract Management Blog

At Contract Logix, we take protecting our customers’ sensitive contract data extremely seriously. The contractual agreements you have with suppliers and customers, among others, contain some of your most valuable information. If it falls into the wrong hands, the financial, legal, and brand consequences can be devastating. That’s why we’re extremely proud to announce that we have completed our SOC 2 Type II audit for our contract management software with zero exceptions.

Research firm Gartner predicts that enterprise software spend will grow 7.2% in 2021. In a recent article in ZDNet, Gartner research VP John-David Lovelock said, “Companies have more IT to do and less money to do it. As a result, CIOs are spending more in areas that will accelerate their digital business, such as IaaS or customer relationship management software.” As organizations start to make their 2021 budget requests, now is the time to make the case for a modern contract management software solution. This article explains four big reasons why.

Contracts play a critical role in helping companies manage their relationships with all parties in the supply chain and digitally transforming processes gives them the agility and flexibility to minimize business risk. Digital Contract Transformation (DCX) helps address this by allowing businesses to digitize their contracts and contract lifecycle management (CLM) processes, and we predict that it will really take center stage in 2021.

Digital transformation (DX) is and continues to be a huge focus for organizations around the globe. As companies digitally transform the way they do business, they also need to digitally transform the way they manage contracts. As a result, the adoption of enterprise contract management software is on the rise because it plays an instrumental role in any digital transformation strategy. Read this article to learn 4 big reasons why.

Digital Contract Transformation allows businesses to digitize their contracts and contract lifecycle management (CLM) processes, making them fundamental pillars to overall digital transformation efforts. Read this article to learn about 10 important things every business can implement to achieve digital contract transformation.

There are many challenges when it comes to contract lifecycle management and some are made even worse when everyone is working remotely. This article looks a four of the big ones like lack of accessibility, limited process visibility, difficulty collaborating, and missing required information. Read more to learn how to solve them for your business.