Articles and Insights

Managing contracts in higher education isn’t easy. Universities and colleges juggle a mix of research agreements, vendor contracts, faculty appointments, technology licenses, and student services—all...

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...

In the bustling aisles of the retail world, every agreement — from supplier deals to your inventory management SaaS contract — has an impact on your business. And effective contract management is...

Small business owners know all too well how precious time is. Effective contract management is crucial for staying ahead of your obligations, building better relationships, and optimizing your...

Welcome to the world of SaaS contracts, where technology meets law in a thrilling saga of codes, clauses, and cloud-based solutions. These aren't your grandpa's paper contracts neatly filed in a...

Love ‘em or hate ‘em, managed care contracts aren’t going anywhere anytime soon. They’re the glue that holds the healthcare ecosystem together, but dealing with them can feel a little like removing...

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...

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...

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....

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 of...

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...

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...

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...

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...

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...

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...

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,...

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...

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 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...

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...

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...

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...

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...

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...

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,...

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,...

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...

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...

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...