Meet Eugene Gimelberg, Director of Software Development

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 catching up with Eugene Gimelberg, Director of Software Development at ContractWorks. Eugene plays a pivotal role building and refining the software that ContractWorks customers use on a regular basis.

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The 2020 Buyer's Guide to Contract Management Software

It can be overwhelming trying to make sense of the hundreds of contract management software options on the market. Luckily, if you can identify exactly the problems you want to solve with software, you can quickly narrow down the list to only those that make sense for your business based on your specific priorities, available budget, and other factors.

Whether your legal team has already made the decision to implement contract management software or you’re still determining the best way to take control of your corporate agreements, the 2020 Buyer's Guide to Contract Management Software will help you start your search for the right solution.

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Contract Managers vs Project Managers

Contract managers and project managers are integral members of many business teams. Although their roles and responsibilities are similar, and in some instances may even overlap slightly, these are distinct positions requiring unique knowledge and skills. For simple contracts and projects, it is often possible and economical to utilize one team. However, for more complex endeavors, it is generally best to rely on separate teams with content-specific expertise. Here are some key differences between contract managers and project managers.

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6 Benefits of Using Electronic Signatures to Sign Contracts

According to the International Association for Contract & Commercial Management (IACCM), 83 percent of legal departments face pressure to improve efficiency and lower costs. While there are many ways to address these challenges, adopting electronic signature as a standard practice is a quick and easy solution that addresses both operational efficiency and cost reduction.

Switching from wet signatures to electronic signatures can make a significant financial impact to your business, but also offers a number of other key advantages. Here are six benefits of using electronic signatures to sign contracts.

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The Difference Between Contract Management and Contract Administration

The terms contract management and contract administration are often confused for one another or used interchangeably, but they actually represent different phases of the overall contracting process. To state it as simply as possible, contract administration is the work done before a contract is signed into effect and contract management covers everything done after signing to ensure that deliverables and deadlines are adhered to as outlined in the agreement.

Below is a more in-depth overview of the differences between contract administration and contract management and helpful tips for excelling in both phases of the contracting process.

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5 Ways Contract Management Software Helps You Control Costs

When tasked with a project like reducing expenses, you likely need to act quickly. When all of your corporate agreements are housed in a centralized, searchable repository, your legal team can significantly expedite the process of gathering information, identifying opportunities, and taking action to reduce expenses.

Here are some of the ways contract management software can help you quickly locate and review opportunities to eliminate non-essential business costs.

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ContractWorks Offers 25 E-sign Licenses Free with Any Account

In an effort to help more businesses successfully transition to remote working environments, ContractWorks is extending a special offer to facilitate the digital execution of contracts: 

Any new or existing ContractWorks customer can add an additional 25 electronic signature licenses to their account, free of charge through March 31, 2021, with no obligation to continue using and paying for the licenses after that date.

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3 Things to Look for When Cutting Costs in Contracts

Many legal teams are responsible for managing contracts that dictate how an entire company operates, including agreements every department has with various vendors, suppliers, and other business partners. Due to these responsibilities, legal teams are also commonly tasked with quickly finding opportunities to reduce company overhead by cutting costs in contracts.

To expedite the process and find the most immediate and impactful opportunities, it’s important to know what to look for and where. Here are three things to look for when cutting costs in contracts.

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ContractWorks Helps Annkissam Manage Rapid Contract Growth

Like many businesses with a growing contract portfolio, Annkissam, a healthcare technology company, reached the point when their manual contract management processes and spreadsheets were no longer robust enough to meet their needs. The company was growing quickly and adding a high volume of new clients, which created more contracts and more milestones and dates to track and manage. It was clear that dedicated contract management software was needed for the Annkissam team to operate efficiently and effectively manage their rapid growth.

Here's a look at how Annkissam has taken control of their contracts with help from ContractWorks. 

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Why Reporting is Critical for Contract Management Success

Contract management is more than organizing your corporate agreements and tracking important dates and deadlines. A strong contract management process also incorporates performance monitoring and reporting, which provides greater contract insight and opportunities to optimize your processes going forward. 

Analyzing past contracts and reporting on the results can help drive your strategy for future contract negotiations, while also demonstrating to stakeholders what's working and what isn't.

Below, we’ll discuss 6 reasons why reporting is critical for contract management success.

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