Lifecycle is the newsletter published by Contract Logix that arrives in the email inboxes of tens of thousands of contract management professionals monthly. It delivers actionable CLM email advice and best practices, as well as insightful commentary on topics relating to, and impacting contract lifecycle management. Regardless of whether you’re in legal, procurement, sales operations, finance, or administration, you’ll find insights within Lifecycle to help you be more effective at your job.
Written by the experienced contract management experts at Contract Logix, month after month it will serve as an invaluable source of information and great ideas that you can implement and utilize within your own organization.
Get our perspective and expertise on dozens of contract lifecycle management related topics. Browse hundreds of blogs and subscribe to our monthly CLM email for insights delivered right to your inbox. Choose an article or blog below to get started.
As investors develop strategies to recoup losses and navigate an economic landscape of continued uncertainty, firms are weeding unnecessary risk out of their portfolios, emphasizing accountability and manageability in investments. For many venture capital firms, contract management is a critical component in de-risking investments and partnerships. This guide explores why venture capital firms should incorporate the use of contract management software into their requirements for portfolio companies.
Contract Logix is seeking a talented Account Executive to develop new customer relationships and expand existing customer accounts. This is a senior sales role that will be responsible for working with prospects and customers to identify and develop their software SaaS requirements and needs for contract lifecycle management (CLM).
Contract Logix’s AI-powered data extraction and natural language processing remove one of the biggest barriers to the successful adoption of contract management software – the manual data entry of existing contracts into the system. If you’re like most organizations currently managing legal agreements, chances are you have hundreds or thousands of contracts that you need to store in your new CLM platform.
An efficient contract management process can save organizations valuable time and resources – shaving up to 2% off annual costs with 75-90% fewer payment errors. Implementing an effective process requires streamlining procedures and frameworks for managing contracts throughout their lifecycle. With standardized methods and protocols, you can enhance efficiency and consistency in contract handling, reaping substantial benefits. This guide explains what contract management is and suggests steps you can take to perfect the contract management process in your organization.
Contracts, and their management, are critical to your organization’s success. Why, because your contracts contain valuable data that can help you improve the performance of your business processes and relationships with customers and suppliers. But do you know what data is worth analyzing and benchmarking?