Contract Management Blog

Properly done contract management can determine the sustainabity of your buisness. More than just a necessary evil, contract management has a direct effect on your company operations. In this article, we will review the 6 most common flaws in contract management.

So fierce is the competition among incumbent cloud service providers that they have initiated a “race to zero”. This competition is to see who will charge nothing – absolutely zero – for cloud storage services. While the ever-falling prices for cloud storage may tempt you to take your entire contract data to the cloud, here are four considerations that you should keep in mind.

If you don’t know when work is supposed to happen, it probably won’t. Effective scheduling is critical to contract management because it maintains a sense of urgency and enables better management of client payments and project budgets. In this article, we will review five strategies for developing more effective scheduling in contract management.

Contract management can often be regarded as pure formality between the two parties entering a contractual relationship. However, contract management processes are essential in determining the sustainability of any business arrangement. Here are 6 strategies for effective contract management.

Excel is used for a wide variety of business uses, ranging from data manipulation to accounting. It’s undeniable that spreadsheets are useful tools to make complex calculations. However, when it comes to contract management spreadsheets may cause major problems. Here are the top three disadvantages of using spreadsheets for contract management.

One important trend in the contract management industry is the shift in the role of the senior level contract manager from being just a senior level manager to being more of a senior level manager of a team of contract managers. This article will discuss the changing role of the senior level contract manager.

Scope creep is one of the biggest challenges in contract management because it involves uncontrolled changes or continuous growth in a project’s scope. When a project is not properly defined, controlled or documented, it has a higher probability of developing a case of scope creep. Here are five useful contract management strategies to keep scope creep at bay.

You have determined that you’re about 3 weeks behind schedule with only 10 weeks left to go on the project and also find that you’re over budget and realize that this is because you have done extra work without client authorization. Your client is furious about your request for a change order request but agrees to it, only if you commit to finishing work two weeks ahead of schedule. Here are 7 steps to managing this and similar contract management crises.