Latest Blog Posts and Articles from Contract Logix.
In order to accurately and adequately assess risk in your contracts you need to evaluate the probability and consequence it occurring. From there, you can apply risk scores and acceptable tolerance levels as part of your overall risk management strategy. Learn how.
Missing automatic contract renewals due to evergreen clauses is a real but completely avoidable financial risk. Learn how you can eliminate it with contract management software by using reports, alerts, and proper contract version management practices.
Being able to easily, quickly, and accurately search for information in your contracts–whether it’s a simple or complex query–is critical to the success of your contract management processes. Learn how you can do it with our Full-Text Search and Advanced Search functionality.
Contract Logix’s Premium platform has been selected by The University of Toledo Physicians to automate and streamline its end-to-end contract lifecycle management processes.
Understanding how to identify risk in your contracts is a critical part of any successful risk management strategy. This article looks at some key steps to identifying risk and how to do it more easily and accurately with effective contract management.
An important differentiator between contract management software and shared folders and spreadsheets is the ability to easily sort, group, report, and organize your contract data in different ways. Learn how you can have the flexibility to view your contracts any way you want with the click of a mouse.
Being able to report on your contract data is key to providing business insights. But, if you are using static reports you run the risk of your data being incomplete and out-of-date. Real-time reports, however, give you the confidence and accuracy you need to make data-driven decisions.
Everyone’s contract management software use case is a little different but at the end of the day, there is a business problem you are trying to solve. This article looks at 4 of the most common reasons for contract management software that span industries, company sizes, geographies, and job functions.
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