Agreements and contracts are often used interchangeably, but there are key differences between the two. An agreement is a broad term that refers to any understanding between two or more parties. A...
As your small business grows, you may find yourself struggling to keep up with the new influx of contracts. What was once a manageable stack of paperwork is now a mountain, and your trusty old...
When it comes to contracts, in-house counsel has seen it all, from the "simple" contracts that turn into epic novels to the urgent deals that needed to be signed yesterday. You're the unsung hero in...
Is your contract management system more like a “shared drive of chaos?” Everyone who needs it has access, and most things are in there somewhere (except for the ones that Susan from Sales saved to...
Imagine juggling a hundred or even a thousand balls at once. Sounds impossible, right? Now imagine each ball is a contract your business depends on. Effective contract management for such an enormous...
Managing contracts can feel like chasing a pack of hyperactive puppies. Just as you put one document where it belongs, another one is scurrying off somewhere else. But don’t worry — herding these...
Contract lifecycle management isn’t a great dinner party topic. But the success of your business could depend upon doing it well. Keeping track of a ton of contracts is a genuine concern for any...
Contract management is like flossing … you know you should be doing it more often and probably be doing a better job. But … there always seems to be other things that get in the way. Your dentist may...
Good contract management practices are imperative to a business's long term growth. Small process inefficiencies may not seem like a big deal on the surface, but when bad practices and manual tasks...
Tracking changes, also known as redlining, refers to the contract lifecycle stage where legal teams and other contributors take turns reviewing, marking, striking, or commenting on the proposed terms...
Contract management is an important part of the procurement process that involves the creation, negotiation, and storage of all legal documents that govern a company’s purchase and delivery of goods...
In many ways, contracts are the backbone of business operations. customer service, vendor deliverables, employee obligations, and real estate terms are just a handful of the many critical business...
Due to the sheer volume of vendor contracts and intellectual property that colleges and universities manage on a daily basis, they have developed a reputation for being risk-averse and slow-moving...
The contract lifecycle at any company can be a laborious process, but the hospitality industry presents its own unique operational and logistical challenges that can make contract management...
Contract management software is a sophisticated way to ensure your company’s entire contract lifecycle is foolproof and compliant. In this article, we’ll explain the benefits of contract management...
One of the frustrations that we hear frequently is that it can be challenging to get approval for a Contract Management System since the company views it as a cost center, and most new systems go...
DocuSign just conducted an interesting study. It seems that more than two thirds of companies still do not have a contract management tool in place. The general theme seemed to be that companies are...
At ContractSafe we love contracts. We know...it's kind of weird. But it's what we do! Another thing we love is Sterling Miller's blog. He takes complicated areas of the law and simplifies it into Top...
We often post content here that can be helpful to our customers (or others) and this article on the Andreessen Horowitz website was well written and addresses a lot of concerns that we deal with in...
In an increasingly technological world, IT managers play a vital role in the success of any company. And certainly, the more that IT managers understand the roles of other departments in the...
Top executives and managers have long realized the importance of hiring the right person for a particular job. Recognizing this fact, author and business consultant Jim Collins once said, “Great...
The arrival of the new year is an exciting time pretty much around the world. In America, many eat special foods for luck, drink champagne, and party late into the night. In Denmark, people collect...
We’ve all grown up hearing the idiom, “A picture is worth a thousand words.” But can you always convey everything you need to with a single photograph or drawing? Of course not. Pictures are great...
From the time we wake up in the morning until the time we go to bed at night, we exist in a world of contracts. We can turn on the lights and catch up with the morning news on television thanks to...
For some, nothing sounds more tedious than drafting business contracts. If you don’t believe it, start discussing the importance of including a liquidated damages or force majeure clause in a...
There’s no way around it – hard working, conscientious professionals despise mistakes. But there’s also no way around the fact that mistakes are a part of the human experience, both personal and...
Two new features to announce...Unique Tracking Numbers and Duplicating Records Unique Tracking Numbers Every contract page in ContractSafe has a unique URL...but now each contract has a unique...
We hear people talk about agreements and contracts all the time. Many people, even lawyers, sometimes use these words interchangeably. But are they the same thing? If not, why not? In this article,...
There are many angles from which one might view the concept of contract management. For example, contract management software can help increase revenue, control spending, promote regulatory...
Even in our personal lives, most of us engage in at least a rudimentary form of contract management. Perhaps you have an old metal file cabinet with neatly labeled file folders containing contracts...
The digital age has ushered into existence an explosion of documents and other data. In fact, efficiently storing and managing documents, including a company’s fully executed contracts, can play a...
It's ski season! And the Olympics! We love to ski here at ContractSafe (even though we're in Los Angeles). As everyone heads out to the slopes, we wanted to repost one of our favorite stories...about...
The homeowners in San Francisco’s Presidio Terrace were lucky they won their street back after missing property tax deadlines for 14 years, but most groups or businesses aren’t that fortunate. The...
This is the time of year for resolutions. Make this year a great one, full of success and no accidental contract renewals! In all seriousness, we speak with companies every week who accidentally...
If you are like most companies, you store your contracts and other legal documents in a shared drive or generic cloud service like Box, Dropbox or Google Drive. This approach is risky and wastes...
Do you ever open email attachments from unknown senders? This is one of the most common technology mistakes made by lawyers, according to a new article from Law Technology Today. You can see all ten...
Contract management mistakes cost companies $100b per year, according to the Aberdeen Group. Click here to download our latest white paper and learn from experienced in-house lawyers how to avoid...