ContractWorks Lauded for Ease of Use, Customer Support

ContractWorks prides itself on providing innovative contract management software that is straightforward, easy to use, and backed by a knowledgeable team of product experts available around the clock to answer questions and provide support. Our team constantly works with customers and potential users to understand their biggest contract management challenges and needs to design a product that makes a difference in the way people work.

We are proud to share that ContractWorks has again been recognized by a number of trusted software review sites as a leader in the contract management software market, based on the ratings and reviews from people who use our software on a daily basis. 

Below are some of the recent accolades ContractWorks has earned on review sites like G2, Crozdesk, and FeaturedCustomers.

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Optimize Your Supply Chain with Contract Management Software

Effectively managing your supply chain is hard work. Between keeping track of vendor performance and obligations, developing processes and procedures to reduce risks, and looking for opportunities to operate more efficiently, there are a lot of moving pieces that supply chain teams have to account for on a regular basis. Finding the right set of tools and solutions to make this process more manageable is one of the biggest keys to success.

Contract management software is one solution that can help you improve supply chain performance and the way you work with both internal partners and outside suppliers and vendors. Here are some of the ways contract management software can help you optimize your supply chain.

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Meet Stephen Crosby, Senior Software Engineer

At ContractWorks, our employees come from a variety of experiences and backgrounds, each with a unique set of skills and talents that align with our overall mission of providing simple, smart document management solutions.

We’re proud of the team we’ve assembled, and we think it’s about time you get to know the people that are innovative, agile, and committed to fulfilling the needs of our customers.

In this blog, we're checking in with Senior Software Engineer Stephen Crosby. Stephen plays a key role on the ContractWorks Engineering team and helps improve the way the platform functions, and in turn, the user experience.

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How Reporting Helps You Get a Handle on Your Contracts

Managing a growing contract portfolio can be an overwhelming responsibility. Without the right systems and processes to help keep you on track, making the jump from a few dozen to a couple hundred contracts can create complications that take valuable time and effort to correct.

One of the solutions legal teams and contract managers often look for to help regain control of corporate agreements is dedicated contract management software with custom reporting features. By adding reporting capabilities to your existing contract management process, you can better understand what’s hidden in your corporate agreements, the strengths and weaknesses of your contracting process, and trends to monitor going forward.  

This article explores how contract management software reporting features can help you quickly get a handle on your contract portfolio.

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The Role Procurement Teams Play in Contract Management

Contract management is often thought of as a task reserved primarily for corporate legal departments, but there are many situations where others across an organization have important roles to play in the process. Even when members of the legal team are responsible for tracking and monitoring agreements throughout their lifecycles, they typically rely on colleagues who have greater knowledge of specific contract elements for guidance.

For companies with significant supply chain operations, procurement teams can provide important vendor and supplier information to help contract managers plan ahead and ensure that each agreement is properly managed based on the needs of the business.

This article looks at the role procurement teams play in the contract management process.

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4 Tips for Working with Outside Counsel

In-house legal teams have many reasons to work with outside counsel, ranging from litigation support to expanding your company’s legal knowledge and expertise. Even large corporations with dozens of lawyers on staff often retain outside counsel to help manage specific legal matters.

But according to a recent survey, 73% of in-house counsel are concerned about overspending on outside counsel, and 55% of respondents are prioritizing reducing legal spending as a 2020 initiative. 

One way to reduce spending on outside counsel is to ensure these relationships are managed as efficiently as possible. Here are four tips for working with outside counsel to avoid potentially costly and time-consuming setbacks.

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Why Telemedicine Companies Need Contract Management Software

Legal teams at telemedicine companies are no strangers to the laundry list of compliance requirements and protocols that must be considered and adhered to at all times. In addition to ongoing changes in healthcare regulations and government policies, there are numerous relationships to manage that impact everything from your technology platforms to your patients' prescriptions.

As important as they are, some of these concerns can be mitigated with the right software solutions in place. Contract management software, for example, has the potential to help telemedicine legal departments improve operational workflows and processes, and remain compliant with industry regulations while doing so.

Here are three key benefits to keep in mind for telemedicine companies considering adopting contract management software.

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Comparing Contract Management and Legal Spend Management

Legal tech is booming and its growth shows no signs of slowing. For in-house legal teams, this has resulted in an ever-expanding range of software solutions that are intended to make your work more efficient. 

Traditionally, managing contracts and legal spending have been two particularly tedious, inefficient legal department processes that required manual work and major time commitments. Today, tools exist to improve processes in both of these areas.

If you’re looking for ways to optimize the way your legal team operates, understanding the strengths of these two types of software - and how they can be used together - is an important first step.

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7 Important Contract Terms That Shouldn’t Get Overlooked

In commercial settings, contract clauses impact not only the relationship to be governed by a particular agreement, but wider business operations as well. For this reason alone, it is imperative that you pay close attention to exactly what you are signing. While many contracts come across as boilerplate in places, merely a single change to an otherwise standard clause can make all the difference. In this article, we cover seven important contract terms that shouldn’t get overlooked.

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Meet Alexa Corbin, Account Manager

At ContractWorks, our employees come from a variety of experiences and backgrounds, each with a unique set of skills and talents that align with our overall mission of providing simple, smart document management solutions.

We’re proud of the team we’ve assembled, and we think it’s about time you get to know the people that are innovative, agile, and committed to fulfilling the needs of our customers.

This month we're checking in with Account Manager Alexa Corbin. Alexa plays an important role helping potential clients understand the ContractWorks platform to determine if it's a fit for their business needs. Alexa has also helped support EMEA businesses since the ContractWorks UK office opened earlier this year.

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