Five Contract Negotiation Mistakes to Avoid

Ken Button | January 03, 2019

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 our contracts with the electric utility and cable company. We live in our homes, probably with a lease or mortgage contract tucked away in a drawer or safe deposit box. We drive a car to work that was leased or purchased with a written contract. And our employers have even more contracts.

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

Ken Button | December 11, 2018

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 month now), only to discover at your kitchen table that the (clearly incompetent and hateful) server gave you the sweet potato fries instead. Or perhaps you ordered the house pizza with explicit instructions to hold the black olives, only to learn that a cook (probably with impaired taste buds) put them on there anyway. In both of these instances, a quick “order compliance” audit before exiting the restaurant certainly would have been helpful!

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Contract Management Best Practices for Smarter Contracts

Ken Button | November 26, 2018

Running a business is more complicated than ever before. Customers demand high-quality products and services for the cheapest price possible. Moreover, competition comes from everywhere, both domestically and internationally. Thus, the pressure has never been greater for enterprises to examine their business from top to bottom, to analyze every cost, and to streamline every process.

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

Randy Bishop | October 01, 2018

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 love of text, email, and related acronyms, you’d also better stay abreast of these abbreviations, or you’ll find yourself unable to communicate in society’s shorthand.

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Why the IT Industry Needs Contract Management Software

Ken Button | September 28, 2018

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 $4.8 trillion in 2018. Yearly growth of 5 percent is expected, but could be as high as 7 percent. The United States accounts for 31 percent of this total, representing the world’s largest technology market, in which the majority of tech spending occurs at the governmental and corporate level.

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How Contract Management Streamlines Business in the Hospitality Industry

Randy Bishop | September 25, 2018

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, majestic mountains, relaxation, and delicious and savory meals (although we concede you may have thought about a boring training seminar with rubbery chicken in a faraway but un-glamorous place).

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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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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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