Articles and Insights

Artificial intelligence (AI) is in the process of completely transforming how the world works. And contract management isn’t exempt from this transformation. You’re probably familiar with some of the...

Contract renewals and extensions are similar but distinctly different processes in a contract’s lifecycle. Knowing what sets them apart and how to handle them effectively is crucial for ensuring your...

Contracts are the lifeblood of business, but they're also a major source of headaches. Missed deadlines, hidden risks, compliance nightmares... the consequences of poorly managed contracts can be...

Did you know there's a treasure trove of useful contract data hiding right in plain sight? It's data that can unlock new avenues for growth, streamline operations, and even give you a competitive...

Artificial intelligence (AI) has taken the world by storm, and legal teams are racing to jump on board. It’s a technology that promises a complete overhaul of how the world works, from automating...

75% of legal teams are looking for ways to use Artificial Intelligence (AI) to improve their everyday work. Companies across the legal tech space are rushing to get big splashy AI tools on their list...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...