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CLM 101

Getting Started with Contract Lifecycle Management

Contracts are the backbone of all commercial relationships, and having the right contract lifecycle management practices in place gives your organization a competitive edge. Learn about the trends in contract lifecycle management, using AI for contracts, and more. Or brush up on your contracting basics here.

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A partnership agreement
August 12, 2025

What Is a Partnership Agreement?

Learn what a partnership agreement is, why it matters, and how to create one to protect your business and define partner roles, rights, and responsibilities.
Diagram of Agentic Workflows in Contract Management.
June 24, 2025

Agentic Workflows: How Will It Change Contract Management?

Learn how agentic workflows use AI to transform contract management with faster drafting, smart negotiation, and proactive compliance monitoring.
Adjusting prices on a contract with the price adjustment clause
April 25, 2025

The Price Adjustment Clause: Inflation-Proof Your Contracts

Protect your bottom line from inflation with a price adjustment clause. Learn how this contractual provision works, its benefits, and how to implement it effectively. Discover how to leverage contract management software to automate price adjustments and streamline your contracting process.
April 16, 2025

What is Contract Performance?

Discover what contract performance is, why it's essential for business success, and how to measure it effectively. Learn the best practices for ensuring efficient contract performance and reducing risks with tools like contract management software.

What Is Contract Intelligence?

With contract intelligence, organizations can transform contract data into actionable commercial rules so they can realize the full potential of every business relationship.
copyright, a type of intellectual property
April 11, 2025

What is Intellectual Property Law?

Intellectual property (IP) includes creations like inventions, written works, and designs that have commercial value. It is legally protected, giving creators exclusive rights to use their work for a set period. IP protection encourages innovation by ensuring creators can benefit from their ideas. Learn more about intellectual property and how it safeguards creations and fosters creativity.
April 8, 2025

What Is Vendor Contract Management?

Vendor contract management is the process of creating, executing, analyzing, and monitoring contracts between your organization and its suppliers or service partners. It encompasses the entire lifecycle of vendor agreements, from initial negotiation through performance evaluation and eventual renewal or termination. Effective vendor contract management ensures both parties meet their obligations while maximizing the value of these business relationships.
April 7, 2025

What Is Contract Management? A Complete Guide

Contract management is the process of creating, executing, and analyzing contracts to maximize operational and financial performance while minimizing risk. It spans the full agreement lifecycle, from initial request and drafting through negotiation, execution, obligation tracking, and renewal, and applies to every commercial relationship a business enters.
April 7, 2025

What Is a Contract Management System?

A contract management system is a software that uses templates and clause libraries to standardize the contents of sourcing and sales contracts; digitizes and stores contracts in a central location; automates workflows focusing on contract creation and execution; and expands in volume as new contracts are added.
April 2, 2025

What Is Enterprise Contract Management?

Enterprise contract management is an approach to contract management that brings all of a company’s commitments into a single CLM system for seamless, holistic management. With enterprise contract management, automated systems replace the inefficient methods of manual contract management systems and streamline the process. With a digital contract management system in place, you can organize a collection of contracts, clauses, and templates for standardization and quick retrieval.