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Two healthcare workers reviewing a contract on a tablet device

Every hospital has a pharmacy. And in that pharmacy, every medication is tracked — dose by dose, interaction by interaction, expiration date by expiration date. Miss one refill and a patient's...

A stack of SaaS contracts ready to be managed

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...

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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...

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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 Illustration

Most contract problems don’t start with bad intentions. They start with fragmented processes, unclear ownership, and systems that were never designed to scale as contract volume grows. The result is...

How Optical Character Recognition Improves 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...

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....

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...

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...

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...

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...

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 Cost

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...

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...

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...

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

Small contract problems rarely look dangerous at first. A missed renewal here. A document that takes “just a few minutes” too long to find. A contract that no one quite owns anymore. On their own,...

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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...

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...

How Contract Management Software Streamlines Processes

Contracts don’t usually fail because of bad drafting. They fail because no one knows what happens next. As organizations grow, contracts start living everywhere—email threads, shared drives,...

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,...

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...

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...

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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 scans...

The contract management process is the set of steps organizations use to create, review, approve, store, manage, and renew contracts. A well-defined process helps teams reduce risk, avoid missed...

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...

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...

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...

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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...

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 management?...

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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 and...

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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...

Ten-Tech-Mistakes

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...

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...

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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...

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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 improved...

Many contract management skills are easily adoptable by 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...

Contract management tools improve negotiation and communication with vendors.

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,...

Contract managers don't need to be legal experts, but they should know some important terms.

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...

Good contract management is about communication, knowledge, and technology.

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...

Contract management software helps with organization, access, and much more.

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,...

ContractSafe uses artificial intelligence to make contracting more efficient.

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...

Contract risk management is made easy when you have a clear process.

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...

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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 a...

The construction industry relies heavily on contracts.

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...

The procurement process exposes companies to several risks that can be managed through 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...

Risk management is a crucial part of any business - especially when contracts are involved.

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....

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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...

Good contract management can greatly reduce 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...

Optical character recognition - which allows computers to

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...

You don't need to be a lawyer to understand some of the legal phrasing in contracts.

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...

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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...

Contract managers must consider a number of storage and security needs before adopting a CMS.

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...

Library catalogs have traditionally used

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...

Legal conflicts are resolved by litigation, arbitration, or mediation.

“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,...

From a derailed California bullet train plan to healthcare concerns, contract management has plenty of cautionary tales for the uninitiated.

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...

It's easy to rely on one blanket announcement of change in a company, but often sustained, consistent messaging leads to greater buy-in.

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 failing to prepare to skipping legal counsel, there are a few pitfalls the pro negotiator should 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 business world runs on contracts, many of which differ greatly in function, severity, and terminology.

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 CMS of tomorrow will continue to embrace the cloud, artificial intelligence, and simple integrations.

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 software helps accounting, human resources, sales, production, legal counsel, and IT personnel better collaborate.

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 help hold parties accountable by ensuring all payments, deliverables, or services are carried out.

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...

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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...

As businesses get ready for the new year, it's a good idea to reevaluate (or revamp) their contract management systems.

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...

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...

Cloud security is a hot topic, but some of the most relevant terms - such as encryption, penetration testing, and SOC2 compliance - may need some explanation.

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...

The contract lifecycle can encompass many tasks, but good contract management software can help particularly during post-signing stages.

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...

Automated alerts and OCR-enabled searches make contract management a snap, but beware of

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...

Many experts agree that a centralized, digital repository is crucial for streamlining the contract management process.

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...

Contract management software can streamline the contract process in the legal, healthcare, and hospitality industries.

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...

Poor storage, search, and sharing abilities can slow down the contracting process, but contract management software can help.

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...

Insurance providers are steeped in contracts, making contract management software a crucial tool for the industry.

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...

With refined searchability and digitalized repositories, contract management software helps reduce supply chain risk.

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...

With the explosion of intellectual property and patent filings, contract management tools are crucial for monitoring agreements over sensitive information.

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...

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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...

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 and customer relations management have many important differences, but the key is in how they can be integrated to work together.

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...

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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 live....

The IT industry is increasingly dependent on contracts, making contract management software more crucial than ever.

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...

Contract management software boosts efficiency in the hospitality industry with cloud technology, automated alerts, and increased control for managers.

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,...

Assessing your contract management needs means identifying where contracts create risk, delays, or confusion across your organization before selecting software. A contract management needs assessment...

Through efficient storage and access, improved security and recovery, and streamlined searching, contract management tools work wonders in the nonprofit industry.

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,...

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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....

In a contract-intensive industry like education, contract management software and streamline relationships with vendors, employees, and even students.

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...

Good contract management software should digitalize contracts, be easy to use and integrate, and utilize the security benefits of the cloud.

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...

Effective contract management can help hospitals monitor vendor and employment contracts and comply with regulations such as HIPAA while reducing costs.

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...

Successful contract negotiation requires knowledge of some important terms, such as limitation of liability, indemnity, and termination.

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

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...

Encryption technology, remote storage, and secure sharing features make storing data in the cloud much safer than it seems.

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...

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Contracts don’t fall apart because the language was sloppy. They fall apart because nobody can find the latest version, nobody knows who owns the next step, and “we’ll deal with it later” turns into...

Contract managers can avoid a lot of hassle by making the right legal choices for contract drafting, conflict resolution, and contract monitoring.

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...

contract management mistakes and how to fix them

Contract problems rarely start with a major failure. More often, it begins with something small: a missed renewal reminder, an outdated draft used as a template, or a contract saved on the wrong...

As contract management solutions keep pace with technological advances, artificial intelligence becomes more crucial for contract management solutions.

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 contract management trends, such as the use of OCR and cloud technology, help reduce costs and increase productivity.

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 a...

Most contract management software fails because it’s never fully adopted—not because the tool is wrong, but because the rollout is. Missed renewals, unclear ownership, and contracts scattered across...

The Universal Commercial Code ensures the efficient conception, execution, and management of 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...

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