Many think of the contract management group as playing an administrative role within any organization. However, a structured and efficient contract management process can serve as the backbone to ...
Contract management involves overseeing agreements made with suppliers, customers, partners and employees. Effective oversight is critically important because sales can be lost and regulatory ...
An effective contract life cycle management process results in reduced negotiation and less demand placed on legal teams, which translates into lower costs, increased productivity and greater ...
Post-award best practices are key when it comes to contract management and contract execution. You’ll quickly realize that working with the government and supporting their projects can be more complex ...
Artificial Intelligence (AI) is transforming how businesses manage contracts by automating workflows that reduce errors, speed up negotiations, and improve compliance. From drafting to execution, ...
Contract management solutions can ease tensions between physicians and payers looking to negotiate based off the “best” data. Janice Young, program director for Health Industry Insights, says a lot of ...
Broussard Logistics reports that strategic LTL contract management can help businesses reduce shipping costs through ongoing ...
Contract management and contract administration have some factors in common. Both skill sets call for a deep understanding of how contracts work and how both parties can fulfill their obligations ...
CMS is an internet-based application that allows UAB employees to easily route contracts, keep contract files organized, track contract progress, and more. As of July 1, 2019, all contracts must be ...
Vendor contracts, customer agreements, licenses, trademarks, leases, warranties and other contracts represent the most important documents for corporate legal departments. Companies must manage ...