A good statement of work should accurately define the scope and KPIs of a working arrangement, clearly defining responsibilities and avoiding any misinterpretations.
Contract authoring is one of the foundational steps in the contract lifecycle management process where the agreement is created. Poor contract authoring frequently involves clauses scattered throughout many documents, subpar governance across contracts, development tracking breakdowns, lackluster line item management, and breakdowns in contract unification and subcontracting. Standardized language reduces business risk. Automation of contract management authoring with templates and clauses improves consistency and governance and enables more efficient self-service authoring.
Transformational contract management solutions help to reduce risk, increase speed and agility, and add value around a range of different business functions.
What’s a wet signature & how is it different from an electronic signature or digital signature? Contract lifecycle management (CLM) plus e-signatures equal business value.
EULA stands for End User License Agreement. An end-user license agreement (EULA) is a legal contract between the software developer or vendor and the user who purchases or downloads the software. It provides an efficient means of protecting a software publisher’s intellectual property.
Contract management has strategic importance. Organizations should seek to optimize people, processes, and technology to manage legal agreements for maximum business value. Great contract managers understand the pivotal role they play, and they bring a unique mix of technical and interpersonal skills to the table.
Most of us are very familiar with the concept of a contract of adhesion – even if we might not be acquainted with the term itself. Adhesion contracts – also known as boilerplate or standard form contracts – are generally a “take it or leave it” proposition. Discover their benefits, potential drawbacks, and enforceability under the Uniform Commercial Code (UCC). Explore effective contract management solutions with Icertis Contract Intelligence to protect your company's interests and optimize efficiency.
Independent contractor agreements play a critical role in protecting your company from risk and ensuring you get the best possible value from your service providers. Generic boilerplate contracts are risky because they fail to account for the differences in law across multiple jurisdictions. By implementing a CLM system that simplifies the creation of custom independent contractor agreements, your organization can remain efficient and agile, while also reducing costs.
Our powerful analytics surface intuitive and actionable insights that provide better visibility into performance metrics at all stages of the contract lifecycle, including negotiation, approval, performance, and expiry/renewal, allowing you to find new sources of value in your contract processes.
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