CMS Adoption 101: Assessing Your Company’s Needs

Ken Button | September 18, 2018

Although we may not always use the term “needs assessment,” the concept plays a critical role in both our business and personal lives. At home, a task as simple as making a grocery list counts as a needs assessment analysis. On the other hand, determining the best career path for oneself is a more complicated assessment.

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Boosting Margins in Nonprofit Enterprises Through Effective Contract Management

Randy Bishop | September 07, 2018

The importance of the nonprofit sector in America cannot be overstated. Every day, nonprofits and their dedicated employees perform important service roles throughout society, affecting health, religion, education, environment, and community development. Many underserved populations would undoubtedly suffer without these efforts. But while most of us are aware of and appreciate the social and cultural importance of nonprofits, many people do not realize their overall economic importance.

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Three Reasons That Some Contract Management Systems Fail and How to Avoid Them

Randy Bishop | September 04, 2018

Here’s a story we have heard a million times from managerial personnel at organizations in many industries: Business is booming and everyone is working to capacity. Thus, the company needs help. Maybe the solution is to hire more employees. Maybe technology can increase productivity and save the day. The problem is, everyone is so busy that it’s a struggle to find time to address the problem.

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Six Tips for Negotiating Contracts

Ken Button | August 31, 2018

Movies and novels are full of expensively dressed, sharp-witted lawyers who play “hardball” in their contract negotiations and eventually make the other attorney blink. While that’s great for Hollywood, the truth is you don’t have to exhibit the attributes of a movie star to negotiate a good contract. In fact, hard-working professionals work together productively every day to complete agreements that address the needs of both parties.

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The Importance of Contract Management in the Education Industry

Ken Button | August 28, 2018

 

Formal education is something to which all Americans are exposed from a very young age. Yet the enormity of the industry is often overlooked. Traditionally, we think of education in terms of mandatory elementary and secondary education, whether public or private, followed by optional public or private education at the college or university level. Some students choose optional vocational paths. All of this learning occurred at specific physical locations to which we were physically transported.

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The Most Important Features to Look for in Contract Management Software

Randy Bishop | August 24, 2018

It’s an unfortunate fact that we can have regrettable periods of boredom in both our business and personal lives. Perhaps this is due, at least in part, to the fact that in the grand scheme of things, relatively few people ever know the real pleasures associated with finding the perfect contract management software. In fact, according to an unscientific ContractSafe survey (conducted with employees in our offices), those who incorporate the best contract management software into their daily routines are happier, sleep better, and often appear more attractive to others!

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Reducing Hospital Costs Through Effective Contract Management

Ken Button | August 21, 2018

Healthcare issues touch almost everyone in American society. Whether speaking of politicians, patients, or healthcare providers, almost all Americans have a stake in the debate. Politicians have recently debated access and whether there is a fundamental right to care. Employers and business entities grapple with the quality and quantity of health care insurance coverage that they should provide to employees, and how to best address the expense.

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What Are the Most Frequently Negotiated Terms in Contracts?

Randy Bishop | August 17, 2018

Contracts serve many purposes for the business organization. Companies memorialize agreements with employees, vendors, customers, and numerous other third-party stakeholders. Importantly, while the company certainly receives benefits from these contracts, the organization also takes on many obligations. These obligations may include the payment of money, the provision of services, and the acceptance (or transfer) of legal liability, just to name a few.

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Confidentiality, Limitation of Liability & Other Terms Every Contract Manager Should Know

Ken Button | August 14, 2018

Contracts are ubiquitous in an organization, representing the company’s formal relationships with a multitude of parties. The process begins with one or more representatives of the business negotiating contract terms with employees, suppliers, customers, and many other interested stakeholders, such as utility companies, service providers and real estate lessors. Contract managers are typically tasked with monitoring the contracts for payment, performance, and compliance with a wide variety of outstanding contractual terms.

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Saving Data in the Cloud is Much Safer Than You Think

Ken Button | August 07, 2018

There’s no disputing that technology has evolved at an accelerated rate over the last several decades. In fact, some technologies seem to be eclipsed almost as soon as they are created. In other instances, two or more technologies compete and one wins out.

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