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Contracting Basics

Learn the Contract Management Basics

Not sure what is an NDA, MSA, SLA, Indemnity, Adhesion contract, and more? Learn the contract management basics here.

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What Is a Licensing Agreement?

Unlock the power of licensing agreements! This comprehensive guide explains what they are, what types of intellectual property (IP) it covers, common terms, and how it benefits both parties. Learn how to avoid breaches and discover how contract management software streamlines compliance.
Purchase and sale agreement in real estate

What is a Purchase and Sale Agreement?

Ensure smooth and secure transactions with purchase and sale agreements (PSAs). This guide explains what PSAs are, what they cover, and their importance. Learn how PSAs are used in commercial contexts like real estate and how contract management platforms can streamline their management.

What is the RICE Framework for Contract Management?

The RICE framework is a scoring system used in product management to prioritize work initiatives based on four factors: Reach, Impact, Confidence, and Effort. Learn what they mean, how it works, and how contract professionals can adopt the framework to streamline their contract management.
June 5, 2024

What is a Contractual Obligation?

Master your agreements! This guide explains contractual obligations, their importance, and different types. Learn how they ensure compliance, manage risk, build trust in business relationships. Discover the challenges of manual management and the benefits of contract management software.

Non-Compete Agreements and Alternatives. What Businesses Should Consider.

The Federal Trade Commission's new rule bans non-compete agreements for most workers. A federal judge has subsequently blocked the rule, adding to the uncertainty. Learn about who was covered, what this means for your business, challenges enforcing non-competes, and alternative methods for protecting trade secrets.

What is a Bilateral Contract?

Bilateral contracts form the backbone of many business agreements. This guide explores what they are, common real-world examples, when to use them, and how to manage them effectively.

What is a Unilateral Contract?

Understand unilateral contracts, how they work, and the key differences from bilateral agreements. Learn about its real-world applications in business, advantages, drawbacks, and how contract management tools can streamline the process.

What is a Non-Disclosure Agreement (NDA)?

This comprehensive guide explains what NDAs are, how they work, different NDA types, and real-world business use cases. Learn how NDAs protect your business secrets and explore best practices for managing them.

What Is a Master Service Agreement (MSA)?

Learn the definition of a Master Service Agreement, why businesses use it, and how they can leverage technology to get the most value out of it.

AI Chat and contract management: How does it work?

Forget tedious document hunts. This guide unlocks the secrets of Conversational AI, your tireless assistant for smarter contract management. Boost efficiency, reduce risks, and make informed decisions - all by simply talking to your contracts. Learn how businesses are benefiting from this AI technology.