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Your go-to resource hub for everything about business contracts and the people who manage them.
Procurement contracts—often called purchase contracts—are contracts that establish a legally binding relationship between buyers and sellers that protects both entities throughout the procurement process.
The new generation of contract lifecycle management (CLM) software is changing enterprise businesses by consolidating and streamlining contract management, even extending access and control beyond Legal to the entire organization, from Sales and Marketing to HR and Procurement.
If you’ve ever had to create a contract or manage the contract process at your company, you’ve most likely run into outdated contracts, slow approval processes, and manually tracking contracts in a spreadsheet. The pain points are easy to identify, but how do you know you’re making the right investment? And how do you prove the value of contract lifecycle management?
Getting your legal operations processes off the ground can be time-consuming. We've gathered three low-cost, low-risk solutions any legal operations professional can implement right away.
Learn why contact data is critical to agile, accurate decision-making and building an in-house legal department strategy.
Discover everything about contract lifecycle management and what it means for your business.
With automation, legal teams and other teams (sales, procurement, HR, marketing) involved in contracts can save time, improve collaboration and make smarter business decisions by leveraging contract lifecycle management (CLM) solutions.