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What Is Contract Value and How Do You Preserve It?

Even the smallest leak could turn a fun day on the water into an unexpected scuba diving session if you’re not prepared.  And contract management is no different.  Knowing the value of your...

Contract Risk Management: 10 Best Practices To Keep Your Business Safe

Contract risks are a lot like the weather. We’ve all been there: the sun’s shining, not a cloud in the sky, then just a few minutes later, you feel that first drop of rain hit your shoulder. Slowly,...

Contract Addendum vs. Amendment: Key Differences Explained

Ever accidentally put salt in your coffee?  Maybe you were a little too drowsy to notice, or you were at a restaurant that got a little too creative with their salt and sugar containers. Either way,...

Create a Standardized Contract Service Agreement (Free Template)

Service agreements can be overwhelming — but they’re also very important. Whether you’re a business owner looking to clarify the expectations of your service provider or a freelancer wanting to...

Will We See You at CLOC 2023?

We’re headed to Vegas! We’re excited to attend #CLOC2023 this year! It’s our first time attending, but we’re ready to make a splash. Stop by Booth #248 to put ContractSafe to the test. To show you...

What Is Contract Compliance? 7 Best Practices To Ensure You’re Getting the Most Out of Your Contracts

Contract compliance might just be corporate America’s least favorite dance. It’s a complicated affair involving multiple parties, with steps that change on the fly. And missing a step can result in a...

What Is AI in Contract Management?

You’ve probably heard of ChatGPT... It’s an AI language model that can answer questions, create blog posts, and even write code. And now, it’s taking over contract management…kind of. AI in contract...

How To Manage Contracts Effectively: Beginner’s Guide

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...

What Is OCR in Contract Management?

Have you ever looked up at the sky on a clear night and become overwhelmed by the number of stars? Well, here's something to consider: At most, you can only see about 4,500 stars with the naked eye,...

The Ultimate HIPAA Compliance Checklist For 2023 [Free Download]

HIPAA. Just saying it will send chills down the spines of healthcare legal teams across the United States. If this is your first run-in with it, though, it stands for the Health Insurance Portability...

31 Must-Know Types of Business Contracts and Agreements

If we learned anything from the Taylor Swift vs. Scooter Braun fiasco, it’s that a business contract can really make or break you. Business contracts provide the legal framework for the exchange of...

What Is Procurement Contract Management? Two Peas in a Tech-Heavy Pod

Ever heard the phrase “as busy as a cat on a hot tin roof?”  Well, that's the life of procurement professionals.  They're experts at multitasking.  They're natural negotiators.  They're contract...

What Is a Master Service Agreement (MSA)? What To Know About Ongoing Contracts

A master service agreement (MSA) is a little like that go-to board game you bring out when old friends come around for game night. It’s always there for you. You know what to expect. And it gives you...

Electronic Signature Examples and Types: Sign a Contract in Seconds

Remember when stationery was a status symbol?  Pulling out a $200 fountain pen to sign a contract was a power move.  But many executives today are retiring their Montblancs and opting for something a...

ContractSafe Receives Strategic Growth Investment

We've got some big news to kick off the new year. We are thrilled to announce that ContractSafe has received a $27.5mm strategic growth investment from Five Elms Capital. This is our company's first...

11 Procurement Risks You Need To Know

Remember the Suez Canal fiasco? It was a little bit human error, a little bit poor planning, and it caused a really big supply chain disaster. In fact, it left 12% of global trade stuck in limbo...

12 Contract Management Challenges (And How To Solve Them)

Do you love motivational quotes and posters featuring adorable kittens “hanging in there”? Then you might appreciate this little gem: You can’t spell “challenge” without “change.”  Ponder that for a...

6 Must-Know Elements of a Contract

Did you know that the first-ever contract was created over 4,000 years ago?  It was a clay tablet from Mesopotamia that detailed the transfer of goods from one party to another. And while modern...

6 Stages of the Contract Management Lifecycle

Everything has a lifecycle, from the water on Earth to the forgotten Greek yogurt still sitting in your fridge. But what if we told you that contracts went through a cycle, too? Mind blown. The...

9 Crucial Contract Management Tools for 2023

We know — contract management is kind of like weeding your garden.  It may be tedious while you’re at it, but having a clean yard is well worth the work. Contract lifecycle management (CLM) is a...

What Is Contract Management in Healthcare? (+5 Benefits)

Behind every great hospital, there’s a team of administrative wizards keeping the whole ship afloat.  Back-office teams may not be the stars of the show, but they’re definitely the ones running it. ...

What Is Contract Lifecycle Management (CLM) and Why Is It Important?

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...

Top 10 Contract Lifecycle Management Metrics to Track ROI

Top 10 Contract Lifecycle Management Metrics to Track ROI When you’re charged with making data-driven decisions regarding whether or not your company is earning a return on investment (ROI) from your...

How In-House General Counsels Can Use Automated Alerts and Automation to Drive Down Renewal Costs and Risks

As an in-house general counsel, you have a lot to keep tabs on — from new and changing laws (and how best to navigate those laws) to contract renewal opportunities.  In this article, we’ll cover how...

Ask and You Shall Receive: Find What You Need in Any Contract

It shouldn’t be easier to find the answer to ‘Who is the smartest person in the world?’ than it is to find a certain piece of data in a contract. Unfortunately, for many tasked with managing an...

Contract Management Reports for Your Healthcare Organization

Contract management reports provide data for analyzing everything from compliance, budgets, and finances — to project bids, vendor relationships, and contract task management.  To make the most out...

The Procurement Manager’s Guide to Vendor Contract Management

Managing vendor contracts and relationships is an often-underappreciated balancing act that procurement managers face. Whether reporting to the CFO or COO, procurement managers must manage the...

Calculate Your Company's ROI for Contract Management Software [Guide + Calculator]

Introduction On average, companies lose 9% of their revenue due to poor contract management. It’s true. According to International Association for Contract & Commercial Management (IACCM) research,...

Kick These 6 Contract Management Challenges to the Curb

Contract Lifecycle Management Challenges and Solutions Do you love motivational quotes and posters featuring adorable kittens “hanging in there”? Then you might appreciate this little gem: You can’t...

The ‘Do This, Not That’ of Contract Tracking

“Mo’ money, mo’ problems.” The Notorious B.I.G. probably wasn’t thinking about contract management when he wrote this famous line, but it definitely applies.  On the surface, more contracts means...

Healthcare Contract Compliance: How to Perform an Audit

You already know how important it is to keep on top of contracts. As a healthcare facility, getting contracts properly signed and implemented is essential to staying in business. Perhaps even more...

What Is CLM and How Can It Benefit Your Business?

Just like balancing the books, the developing, signing, and ongoing management of contracts are important parts of running your business. Even more important and often overlooked? Keeping those...

9 Types of Healthcare Contracts and How to Manage Them

Death and taxes are certainties in life. Regulatory compliance and paperwork are certainties in healthcare. Keeping it all organized so your healthcare facility is always audit-ready? Now that’s a...

7 Benefits of SaaS Contract Management

Whether you know it or not, your company needs to embrace SaaS contract management. Research shows that the COVID-19 pandemic has driven nearly half of IT decision makers' companies to accelerate...

What Is Contract Management in Healthcare? (+6 Benefits)

What do an annual checkup and contract management in healthcare have in common? No one wants to do either, but both have to get done. You see, some industries can get away with lax processes around...

How to Build a Business Case for Contract Management Software

Your business needs contract management software. The only problem? Not everyone sees the same writing on the wall as you do. The solution? Building a business case stronger than the loudest...

6 Best Practices for Effective Contract Management

So you’re the lucky person who gets to figure out how to “get contracts under control.” A task that is seemingly straightforward, but in reality, is quite complex. Until this point, the “process” for...

How Optical Character Recognition Improves Contract Management Search

Every contract management software in the market is unique in its own way and so is each software’s search. If speed, ease of use, and accuracy are all important qualities you’d like from contract...

What is the Role of a Contract Manager?

Businesses rely on contract managers to mitigate risk, ensure compliance, and protect the business from operational inefficiencies associated with the contract management lifecycle.  It can be...

4 Things to Consider When Implementing Contract Management Software

If your business is planning an overhaul of its contract management lifecycle, then you know finding the right solution is only half the battle. The second half is actually implementing the software....

How Much Does Contract Management Software Cost?

Contract management software has the potential to save companies hundreds of thousands of dollars by improving the operational efficiency of the contract lifecycle, but those savings will hardly...

Are You Guilty of Making These 6 Contract Management Mistakes?

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...

What is OCR and Why is it Important in Contract Management?

Like many technical terms, optical character recognition – or OCR – actually describes a fairly straightforward concept. It’s important to understand what it means for contract management because...

Our Biggest Contract Management Software Update is Here!

Over the past six years, we have heard a lot from our customers about their ContractSafe contract management software wish list.  You spoke … we answered.  We are excited to announce that we have...

January 2021 Product Updates

Happy New Year everyone!  To help you start the year off right, we have: Added a new type of Custom Field for tracking spending Improved AI for Effective and Termination Date Boosted Search &...

4 Ways Contract Management Software Reduces Costs

From mom-and-pop shops to Fortune 500 corporations, companies of all sizes rely on contracts to protect themselves and govern every aspect of day-to-day business. Customer deliverables, vendor...

How to evaluate Contract Management Software options

It doesn't matter if you're a large corporation or a sole-prop, contracts serve as the foundation of your business. If your company manages more than a dozen or so contracts per year and is still...

Transforming the Contract Management Game

We are very proud to announce that CIO Review named ContractSafe as one of the Most Promising Enterprise Contract Management Solution Providers for 2020. The full profile highlights how ContractSafe...

ContractSafe Named Top Healthcare Solution

Healthcare Tech Outlook magazine has named ContractSafe a Top Healthcare Document Management Solution Provider for 2020.  As they put it in a great profile on our solution, "ContractSafe provides an...

How to audit your Contract Management Process

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...

July New Features--SubFolders, Reports...and more!

Summer is here!  And with it, some great new ContractSafe features .  Keep reading for more information about SubFolders, an improved Dashboard, User reports, and more.   Let's dig in! SubFolders For...

Why you need an electronic Contract Management System

Rapidly evolving technology continues to revolutionize the way business is conducted as automation and artificial intelligence pave the way for greater operational efficiency. Companies that fail to...

Why Contract Management Software streamlines processes

Regardless of the industry, contract management is an essential component of business operations. Contracts serve as the backbone of day-to-day business functions and are an important tool for...

What to look for when evaluating Contract Management Software

Over the last several years, companies have started to pay closer attention to internal contract management and the impact it has on growth and revenue. In an effort to reduce contract lead times,...

Why is Contract Lifecycle Management important?

Originally, contracts were chiseled into clay tablets.  For a long period, only the most important of contracts were written down.  But the days of fewer contracts, handshake deals and IOUs are long...

How to Track Changes Better in a Contract Management System

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...

What is contract management in procurement?

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...

April Showers bring May's New Features

  Just because we're all working from home doesn't mean we're slacking off!  We're excited to announce a bunch of exciting new features for you this month.  You can now generate redlines, convert...

What is the contract management process?

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...

Education Contract Management Software

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...

Hospitality Contract Management Software

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...

What is Contract Management Software?

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...

Convert scans to Word documents

How often do you receive an NDA that's a PDF, but you need to redline?  Or search for an old contract that you want to use as a template, only to find the only version you have is the final scanned...

Most Popular! . . .

Our mission is to make it easy to manage your contracts with a solution that's easy to implement, use and afford! We get fantastic reviews from our customers for being easy to use, and for having...

It's about Time...and Dates!

Happy October everyone.  We're exited to announce a few new features that have been heavily requested.  ContractSafe now allows you to include Custom Fields that are Dates, that integrate seamlessly...

ContractSafe included in Top 20 Contract Management Blogs List

Fun news...ContractSafe was included in the list of the Top 20 Contract Management Blogs.  We know what some of your are thinking.  There are really more than 20 blogs focused on contract...

New Features for September--more features to make your life easier

Wow!  Our development team has been busy.  Tons of great new features were just added to ContractSafe.  From better document handling to better search...it's another release focused on ease of use...

Contract Management is not just a cost center!

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 study on Contract Management--surprising!

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...

Great article from Sterling Miller

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...

Reposting: 16 Sales Contract Clauses to Balance Risk and Reward

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...

Exciting August updates: Saving Views, Sharing Views, Scheduling Reports, and other improvements!

  As we head into the home stretch of 2019, we have some exciting updates to share with you! Saving views Do you wish that you could customize your views in ContractSafe so that you’re always only...

New look for ContractSafe

We've put a fresh coat of paint on the house!  And patched some windows and doors while we were at it. You'll notice our new look on each page of the site, once you're logged in.  We've improved the...

Faster searching is live on ContractSafe

We just released a new feature that will save you a lot of time.  Advanced Search is here.  Also, bulk edits have been updated so that you can bulk edit any field in ContractSafe.  Add in some...

Seven Contract Management Tips for IT Managers

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...

How to Improve Vendor Relationships through Contract Management

Let’s face it – life and business are both all about relationships, and most of those relationships require hard work and negotiation. At home, we seek common ground with partners, parents, friends,...

Legal Terms and Concepts Every Contract Manager Should Know

Contract managers come from all walks of life. Some are attorneys, some have paralegal training, and some have worked in legal departments. These employees may already have a firm grasp of legal...

What Makes a Good Contract Manager?

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...

Six Statistics Supporting Contract Management System (CMS) Adoption

We know that business managers and professionals across all industries face incredible time management challenges. On some days, it feels like two new fires erupt for every old fire we put out. Plus,...

Everything You Need to Know About ContractSafe’s [AI]ssistant

Americans have long been fascinated by automation and the concept of artificial intelligence. In that vein, science fiction books and movies have long captured the attentions and imaginations of...

Your Contract Risk Management Checklist

Maximizing resources is an overarching principle in business management. Managers get excited, and justifiably so, when they can add a little revenue here and cut an expense or two there. Implicit in...

March Release Notes:  Bulk Edits, Advanced Filtering and more!

Easier Filters Easier Column Changes Easier Deleting Easier Edits   We've got some great St. Patrick's Day presents for you!  Lots of new features, all designed to make your life easier.  Let's take...

Construction and Contract Management: What You Need to Know

The construction industry arguably goes hand-in-hand with human civilization itself. In fact, anthropologists, scholars, and other scientists often study our ancient construction to better understand...

How to Manage Procurement Risk with Contract Management

Risk management professionals, in the broadest sense, must concern themselves with anything that can potentially create liability for the company or harm the company’s assets. In addition, managers...

Contract Management 101: What is Contract Risk Management?

The management of risk is so important in business that “risk management” has become a well-respected profession, with dozens of universities producing graduates with business degrees in the field....

ContractSafe partners with LegalSifter for exciting new service

We're proud that LegalSifter selected ContractSafe as part of their new, full service contract management solution called Sifter Concierge. This exciting new service is for companies that want to...

How Contract Management Software Reduces Regulatory Risk in the Healthcare Field

Risk management is a common theme in business, reflecting the importance of protecting the enterprise’s assets. Managing risk takes many shapes, from the purchase of insurance to the use of...

Four Things You Didn’t Know About the History of OCR

Optical Character Recognition (OCR) is a technological innovation with important business applications. In essence, the technology allows a software program to analyze text and convert it into a...

Three Common Contract Clauses and What You Need to Know About Them

Most people have a favorite book or movie, made up of a series of chapters or scenes. Standing alone, these scenes or chapters are important but may be confusing when viewed in isolation. But if...

ContractSafe & Mission: Working Together

From its founding, ContractSafe knew it wanted to leverage AWS, as it's the most stable and user-friendly cloud platform. For the first year and half of its AWS deployment, ContractSafe’s internal...

Six Considerations for Adopting Contract Management Software

Questioning (unquestionably) plays a big role in society. Socrates believed that questions, not answers, drive thinking, and law students have paid the price ever since! The scientific method is...

What is Contract Metadata and Why Should You Care?

Contract management systems depend on precise, efficient systems for organizing and retrieving contracts. This often translates to a system for metadata management. But what is metadata - and what...

What Are the Different Types of Dispute Resolution in Business Contracts?

“Dispute resolution,” as a broadly defined term, has existed for centuries. On a macro level, early humans once relied on brute force. As mankind evolved, countries (or kingdoms) used emissaries,...

Three Contract Management Cautionary Tales to Remember in 2019

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...

Say This, Not That: Getting Your Team On Board

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...

Five Contract Negotiation Mistakes to Avoid

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...

The Most Common Types of Contracts in Business Today

The business world is in a constant state of evolution. Certainly, many changes, such as high-tech machinery, precision manufacturing, and automated contract management software - just to name a few...

The Future of Contract Management Software

Bold predictions for the future have long captured American imaginations, and there’s no shortage of people willing to share their opinions, especially at this time of year. Serious prognostications...

Contract Management 101: Who Uses Contract Management Software?

Most would agree that we live in a world full of conflict. As always, politics, religion, economic policy, and even armed disputes can pit one nation against another. Within our own country, we’re...

Contract Compliance Audits: What They Are and What You Need to Know

Have you ever blindly accepted your take-out order at a restaurant, only to later be disappointed at home? Perhaps you ordered a sandwich and onion rings (because you’ve been craving rings for a...

ContractSafe Receives SOC 2 Type I Attestation

    Independent Audit Verifies ContractSafe’s Internal Controls and Processes ContractSafe today announced that it has completed its SOC 2 Type I audit. This attestation provides evidence that...

Your End-of-Year Contract Management To Do List

Everyone absolutely loves the end of the year, right? After all, holiday songs play non-stop on the radio. With our non-existent free time, we sprint through stores and stand in line to purchase...

Contract Management 101: Frequently Asked Questions

Would you consider yourself a trendsetter, always wearing the latest fashions or the newest hair styles? Or perhaps an innovator or early adopter, always surfing at the front end of the technology...

CMS Cloud Security Terms and Standards, Defined

  The concept of security is nothing new, and has long captured the American imagination. In many popular books and movies, whether set in the old west or in a modern office building, someone has...

What Are the Stages of the Contract Lifecycle?

According to Merriam-Webster, “life cycle” was first used in 1855 to refer to the “series of stages in form and functional activity through which an organism passes between successive recurrences of...

The Best and Worst Automations in Contract Management

It seems like “best” and “worst” lists pop up everywhere these days – especially since anyone with a computer, a blog, and an opinion can add to the fun. A quick survey of the internet turns up an...

Crucial Repository Features to Look For in Contract Management Software

Have you ever wondered about all the belongings you actually lose over a lifetime? When was the last time you saw that brown bomber jacket or prom photos from 12th grade, for example? After all, we...

The Most Important CMS Features & Integrations for Your Industry

All contract management software is designed to streamline the contracting process while reducing costs, but a good CMS is not one-size-fits-all. Certain CMS features, such as a digitized repository...

Six Ways Poor Contract Management Slows Down the Contract Process

People sometimes complain that we live in a world of instant gratification, where patience is no longer a virtue. But it’s probably closer to the truth to say that today’s managers and employees work...

Contract Management for Insurance Providers: A Match Made in Heaven

Some people might view a discussion of the insurance industry as the perfect antidote for insomnia – but not us. While we appreciate that reading and enjoying an insurance policy from cover to cover...

Four Supply Chain Risks Good Contract Management Can Squash

Business management has always been a complicated undertaking. Managers must define long-term objectives and short-term goals, then implement actions designed to accomplish both. The company must...

How Does Contract Management Software Help Manage Proprietary Data?

The rate of technological growth around the world is truly transformative, and shows no signs of slowing down. According to Moore’s law, computer processing speed will double every 18 months, which...

Key Security and Storage Features to Look For in Your Contract Management Software

Top concerns for today’s business leaders continue to include the storage, management, and safety of data. That’s not surprising, given that every time we pick up a newspaper (o.k., every time we...

How Technology Can Make Your Contracts Smarter

Technological innovation seems to be making everything smarter these days. From smartphones to talking speakers, one can’t help but sometimes wonder what the future holds. Perhaps even more amazing...

Contract Management vs. Customer Relationship Management: What’s the Difference?

In today’s era of rapid technological evolution, you’d better stay plugged in or you will quickly lose track of the development of important business products and solutions. Moreover, with society’s...

ContractSafe Fall Updates

  A quick update about exciting new features on ContractSafe! ContractSafe [AI]ssistant Introducing your brand new [AI]ssistant. We’re really excited to announce that our new AI setup feature is...

Why the IT Industry Needs Contract Management Software

The Information Technology industry has enjoyed explosive growth for a number of years. According to research cited by CompTIA, the IT industry exceeded $4.5 trillion globally in 2017 and will exceed...

How Contract Management Streamlines Business in the Hospitality Industry

Just mentioning the words “hospitality industry” brings a smile to the average person’s face. Of course, those of us who do not work in the sector tend to see visions of palm trees, blue oceans,...

CMS Adoption 101: Assessing Your Company’s Needs

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...

Boosting Margins in Nonprofit Enterprises Through Effective Contract Management

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,...

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

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....

Six Tips for Negotiating Contracts

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...

The Importance of Contract Management in the Education Industry

  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...

The Most Important Features to Look for in Contract Management Software

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...

Reducing Hospital Costs Through Effective Contract Management

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...

What Are the Most Frequently Negotiated Terms in Contracts?

Contracts serve many purposes for the business organization. Companies memorialize agreements with employees, vendors, customers, and numerous other third-party stakeholders. Importantly, while the...

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

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...

Saving Data in the Cloud is Much Safer Than You Think

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...

Five Tips for Successful Contract Management Software Adoption

Woodrow Wilson once said, “If you want to make enemies, try to change something.” While we don’t want you making enemies, we all know that without change, there cannot be meaningful growth. In fact,...

Five Common Legal Mistakes in Business Contracts

  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...

Four Common Mistakes in Contract Management and How to Avoid Them

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...

Artificial Intelligence and Contract Management: What You Need to Know

Artificial Intelligence, commonly known as “AI,” is a topic now discussed more frequently than ever before in the United States and around the world. The concept was once a far-fetched, fictional...

Recent Trends in Contract Management

  Some years ago, the concept of contract management could be summed up quite simply. For some, it meant little more than compiling and filing paper contracts in the correct cardboard file folder in...

Four Strategies for Accelerating the Adoption of Contract Management Processes

As a contract manager, you already know a thing or two about the havoc failed implementations can cause an organization. For those who may be unfamiliar, here’s what you need to know: in short,...

What Special Principles Apply to Commercial Contracts?

Anyone dealing with contracts on a routine basis knows how complicated contracts and the legal system that shapes them can be. Needless to say, the substantive content of a wide variety of provisions...

Can a Contract Entered Under Duress Be Invalidated?

People sign contracts for lots of different reasons. Usually, the contract represents something positive for all of the parties involved. For example, a willing seller of a product or service finds a...

How Important is Digitalization of the Contracting Process?

An often-repeated statement in business and in life is: “Don’t sweat the small stuff.” Interestingly, this saying is popular with all types of managers and across most industries (OK, maybe bomb...

Does Everyone Have the Capacity to Enter Into a Contract?

While we have no idea how many contracts are created daily across the United States, the number would certainly be staggering. Truthfully, most of those contracts will lead dull, boring lives. They...

New ContractSafe features for June

  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...

What Is the Statute of Frauds and What Does It Cover?

How many times have we all heard someone say something like, “You better get it in writing,” or, “Give it to me in writing”? In colloquial speech, we often use such phrases as joking responses to...

Why OCR Makes a Huge Difference in Contract Management

In today’s society, more so than ever before, business managers are bombarded with technological products and concepts, and must make sound decisions on behalf of the organization. Hardly a day...

Four (Often Odd) Historical Contract Cases Lawyers Still Study

While reading about the elements required to form an enforceable contract might appear a bit dry to some, the history of contract law has all sorts of entertaining and interesting stories. Many of...

"Easy product to use"

ContractSafe is an "easy product to use" with "many helpful features" and "tight" security, according to a new report on contract management software from Gadget Advisor. Here's a link to the full...

How Do Contract Management Solutions Reduce Costs?

  Many professionals deal with contract management and its many benefits on a daily basis. However, some people have had less exposure to the concept, and “contract management” is a term that has...

What Makes a Contract Legally Enforceable?

If you’ve signed many contracts in your life, chances are you’ve seen some real doozies. Some contracts can be dozens, or even hundreds, of pages long. Think about a lease agreement you signed, or...

How Do You Protect Data in the Cloud?

The concept of security is ubiquitous in our lives. We lock our homes and cars, and sometimes add electronic security monitoring systems to them. We keep cash, smart phones, and other valuables close...

Six Things You Didn't Know About the History of Contracts

Unless you're a contract law attorney, you probably don't lie awake at night asking yourself what a contract is. But in our modern economy, we live in a world that is, in many ways, defined by...

Six Ways Cloud-Based Tools Can Make Contract Management Easier

Do you sometimes feel like you’re falling further and further behind the technological revolution as the rest of the world speeds up? Certainly, for a lot of us, technological innovation seems to...

Agreement vs. Contract: What’s the Difference?

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,...

Our latest improvements...

We're excited to announce a few big improvements to ContractSafe. Faster Filtering/Sorting/Searching We significantly upgraded the filtering, sorting, and searching functions so that they will work...

What Contract Managers Need to Know About GDPR

Data is a hot topic these days, and  often in a bad way. Think about all the massive breaches, like at Yahoo, where 3 billion accounts were compromised or Equifax which yielded up the Social Security...

Debunking the Greatest Myths Surrounding Contract Management

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...

Contract Management Basics: Preventing Revenue Loss

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...

When is a Contract Officially Executed?

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...

Vendor Contracts: What They Are & Why You Need Them

All businesses, from small start-ups to large enterprises, have associations with other parties. No company could survive without some interaction with others. For small home businesses the...

Multiple Choice and Notifications

We just launched two new features, suggested by customers. 1. Notify users when new contracts are uploaded You can now choose to notify any user when a new contract is added to a folder.  This can be...

CIO Review Top 20 Most Promising Legal Tech Solution Providers

ContractSafe was picked by CIO Review as one of its Top 20 Most Promising Legal Technology Solution Providers - 2018! Here's a link to our full profile.  CIO Review's editors summed it up with,...

Time to ski?  Don't forget to renew your contracts!

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...

Benefits of Cloud Based Contract Management Systems

Cloud-based contract management systems offer an easy way for businesses of any size to store, access, backup, and secure their contracts. A locally-based system like a hard drive or a physical...

Exciting ContractSafe Changes! Better/Faster/Easier

We are excited to announce some big changes.  Based on your feedback we have made ContractSafe even easier and faster to use. High Level • “Folders” are the new “Types.” Same feature, just a new...

Searching vs. Finding --Why OCR and the Right CMS Make a Difference

If you’ve ever searched your hard drive for something, you know just how long it can take to find what you actually need.  Searching and Finding are definitely not the same thing!  Searching can...

Keep Track of Your Contract Deadlines!

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...

Benefits of Contract Management Software

All contract management software allows businesses to manage, access, and store their contracts, but each platform offers different benefits and features. Some businesses need full contract lifecycle...

Email-in...now even more awesome

    Our mission is to help our clients move from the picture on the left to the picture on the right. And this latest enhancement does just that. One of our most popular features is the ability to...

ContractSafe now available in GDPR-compliant version!

ContractSafe announced today the availability of a General Data Protection Regulation (GDPR) compliant version of its site hosted in the European Union.  Following recently-launched integrations with...

Why Integrations are critical with Contract Management Systems

Typically, the two most important reasons for choosing a Contract Management System (CMS) are increasing productivity and improving workflow for your team. A good CMS system will streamline contract...

How to Onboard Your Existing Contracts to a Contract Management System

Usually a company that’s getting started with a new contract management system has one big worry: How will I get all my existing contracts into this new system? If you’re like most companies, you...

Happy New Year!  Don't let this happen to you....

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...

Checklist of Requirements for a Small to Medium Size Business contract management system (CMS)

Small to medium size businesses (SMB) need contract management software that meets their needs today, but also prepares them for future growth. While SMBs and their contract management needs may vary...

We asked our customers what they think....

We just did a quick survey of our existing customers.  We wanted to know how we're doing and what features our customers would like to see added to ContractSafe. With the survey results, we...

Top 10 PC Mag Review

ContractSafe was included in PC Magazine's The Best Contract Management Software of 2017 review. And...drumroll please...we were selected as the best option for companies looking for a smart and...

Recent Improvements to ContractSafe

Our best ideas come from customers...and we've been busy adding requested features and improvements.  Here's a few recent improvements: Choosing "Type" on Upload.  Now, whenever you upload contracts...

Do you need full-lifecycle CLM?

A lot of Contract Lifecycle Management (CLM) software is created for large companies with very high contracting volumes and full contract lifecycle needs- from drafting a contract to contract...

More love for DocuSign users

We know there are lots of loyal DocuSign users out there. That’s why we made our DocuSign integration even better. We already had a one-way integration where your final executed DocuSign agreements...

We won!

  Very excited to win the Most Promising Recurring Revenue Innovator Award at the 2017 Recurring Revenue Conference! The conference, which featured great panels and speakers (Dave Berman-Zoom, Ian...

What is OCR and how can it make your life easier?

Today I’m going to answer a question I get asked all the time . . . what does OCR stand for, what is it, and why should I care about it? Most legal documents today are scans that are saved in PDF...

ContractSafe + Okta = Single Sign-On bliss

ContractSafe is now a member of the Okta Application Network. That means ContractSafe is an approved, pre-integrated application that works with Okta (and any other SAML 2.0 application) for easy...

Why Box and Dropbox aren’t good enough for your contracts

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...

Stanford Law School CodeX Profile

What makes us tick at ContractSafe? Why are we so focused on providing an easy-to-use and affordable tool to make it easier for folks to find their legal documents, stay in compliance and protect...

Don’t take risks with your career and your company when you don’t need to

Download the free The Eight Scariest Mistakes In-House Counsel Make and How to Avoid Them. Take 10 minutes to read it and avoid these scary mistakes.

How Google Runs Their Legal Team

This interview with Mary O’Carroll, Head of Legal Operations at Google, provides a fascinating peak under the tent at how the company’s 1,000 in-house counsel operate. Check out the five key...

How ContractSafe Wants To Help You Get Your Legal Docs In Order, With Ken Button

How to tame your “big, disorganized mess?” We cover this and more in this interview about ContractSafe with SocalTech. Thanks! Ken P.S. I hope you enjoy this post. If so, I hope you’ll join the...

Clients Bring $4b In-House

Companies moved a staggering $4.4b worth of legal services in-house in the past year, according to a new survey conducted by BTI Consulting Group. This continues a long-term trend, with more services...

Ten Technology Mistakes Lawyers Make Every Day

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...

9 Mistakes You Don’t Want to Make With Your Contracts

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...

“Cool Tech” for In-House Lawyers

Sterling Miller has seen it all as a long-time General Counsel and he shares his experience through his great blog, Ten Things You Need to Know As In-House Counsel. Each year he publishes his list...

Back-to-Basics Lessons from Facebook’s Former Counsel

Mark Howitson, former Deputy General Counsel of Facebook, knows a little about protecting a company’s IP. He was in the middle of the Facebook litigation made famous in the movie The Social Network....

Find critical documents fast

Missing contract deadlines can be a disaster for any business’s fiscal stability. At ContractSafe, we alert you anytime an important contractual deadline is approaching, so you are always prepared...

Ultimate Protection

Your contracts are valuable. At ContractSafe, we take that seriously. Our cloud-based system houses your data via Amazon’s AMS ISO 27001 Certified Data Centers with Encryption, to keep your dealings...

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