How to gain control of Contract Management processes

posted in Contract Management, E-signature technology

Lawyers are usually control freaks, but one area that seems to slip through their fingers is contract management. Whether it’s due to planning or information overload, an inefficient contract management process can result in delayed decision-making, people failing to understand their responsibilities, and missing opportunities to improve performance. One of the key goals of contract management is to obtain the services that were agreed upon and achieve value for money, which means optimizing efficiency, effectiveness of the service, and weighing costs against risks. A successful process guarantees you are in control of your legal risks, by doing the following: