[breadcrumb-from-url] Did you know cell phone use is expected to grow by 650% by 2018? Cell phones are not only a vital part of our daily lives; they can also be a vital tool in establishing liability or non-culpability in a civil case, or demonstrating an individual’s guilt or innocence in a criminal case. Did […]
[breadcrumb-from-url] Digital security is becoming a more frequent topic in the legal world, as are the ethical questions brought up by the increasing frequency (and publicity) surrounding cyber-attacks. Protecting sensitive information and data is nothing new; lawyers have been very protective of information since the beginning of the profession. What is new, it is the ease […]
[breadcrumb-from-url]As recently as a decade ago, the legal industry was enjoying a lucrative golden age. New law student graduates were finding high-paying entry-level jobs and law firms were struggling to keep up with demand from potential clients. However, the industry has seen numerous significant shifts due to both economic and technologic disruptions. There are numerous threats, challenges and trends that […]
[breadcrumb-from-url] Each stage of a contract’s lifecycle must work at optimal efficiency for businesses to develop a framework of best practices. An automated contract management system can help streamline these processes, improve workflows, and reduce risk. Best practices are integrated with legacy programs and quickly rolled out across all departments. How Best Practices Impact the […]
[breadcrumb-from-url] The term Best Practices refers to corporate procedures that improve the efficiency of day-to-day operations. However, every business is different and requires more than just a one-size-fits-all solution. Therefore, customized systems are necessary for enhancing the specific processes that govern each business. Sophisticated contract management solutions work alongside legacy programs to create best practices […]
[breadcrumb-from-url] Contract management procedures cross departmental boundaries and affect almost every aspect of operations. An automated management system helps streamline these processes and allows each department to create, retrieve, and monitor contract data more efficiently. While the benefits of an effective contract management solution impact all departments in an organization, there are six that can […]
[breadcrumb-from-url] Enterprise resource planning (ERP) programs, customer relationship management (CRM) tools, and Salesforce automation (SFA) systems can streamline processes and improve efficiency. These programs allow organizations to communicate across various departments, access centralized databases, and collaborate on tasks. Each department has immediate access to the most relevant, up-to-date information, allowing employees to improve workflows and […]
[breadcrumb-from-url] All organizations use some form of a contract management system. In most cases, employees print paper agreements and squeeze them into messy filing cabinets, then update them by hand and track them manually. Businesses can lose their competitive advantage by failing to upgrade these outdated systems and management processes. 5 Contract Management Issues Facing […]
[breadcrumb-from-url] Contracts are a fundamental building block in any business. They constitute the binding relationship between a company and its customers and suppliers; defining the terms, conditions, and charges for the products and services provided. However, managing contracts manually is inefficient and cumbersome. Contracts get lost, incorrect contract terms are used, and renewals do not […]
