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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 Contract of Adhesion?

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: Beyond the Boilerplate

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.

Contract Management Software for the Healthcare Industry

Contract Lifecycle Management (CLM) software helps healthcare organizations to manage risk more effectively, simplify compliance, reduce complexity, and increase efficiency.

Contract Analytics Software

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.

What is Contract Analytics?

Contract analytics is vital to keeping your finger on any legal agreements that your company drafts and enters into. Creating contracts can be a daily task at companies, as even the most simple products and services will carry with them a fresh set of legal agreements and contracts. As such, analytics and artificial intelligence (AI) machine learning is drastically changing contract management to streamline the process and mitigate risk.