Contract Management Blog

While it’s true that as projects grow more complex, claims and disputes would also be on the rise; it’s also true that there are plenty of opportunities to redress the balance. One of the key ways to resolve issues is to act proactively and promote a culture that aims to minimize future issues. Taking a cue from the idea of the seven deadly sins (also known as cardinal sins), here are four contract management sins that establish a useful framework on how to streamline contract management processes.

Cybersecurity inquiries from the FDA have revealed severe vulnerabilities in medical devices that allow malicious hackers get access to patient data. Healthcare organizations can learn from those vulnerabilities and take proactive steps to improve their CLM compliance through contract management software.

When working with an insurance broker in establishing your professional liability insurance premium, it’s important your application accurately and effectively reflects the professional practice of your company. Here are five key factors that your broker or agent will need to know about your company.

While saying no doesn’t come easy, it is an important of effective negotiation that leads to better contracts. Let’s review how to be more strategic in saying no during negotiations so that you can be more selective about where to direct your energy.

In another post at the CLM Blog, we discussed five tips to improve cross-cultural negotiation based on best practices from a professor at the INSEAD School of Business. In this article, we will explore the important role of interpreters in negotiations that require the services of an interpreter and what are some important points to consider when requesting the services of an interpreter.

To compensate for the slowdown in emerging markets, many investors are looking for investments and business opportunities in frontier markets. In this article, we will analyze what is the appeal of frontier markets for enterprises and what steps can enterprises take to manage the inherent higher risk of these regions.

To compensate for the slowdown in emerging markets, many investors are looking for investments and business opportunities in frontier markets. In this article, we will analyze what is the appeal of frontier markets for enterprises and what steps can enterprises take to manage the inherent higher risk of these regions.

The IACCM indicates that the appropriate use of the right contract technology results in efficiency and strength in performance oversight. Here are four benefits of the use of contract management software.