Is the contract management software market really struggling?

A recent blog by Tim Cummins, the CEO of the International Association for Contract & Commercial Management asks, “Why is Contract Management software struggling?” It’s a fair question and one Blueridge Software (as makers of Contract Assistant) would like to comment on too. Cummins notes that for years the market segment of contract management software […]

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The surprising connection between compliance and contracts

Have you ever considered the connection between compliance work and contract management? The two tasks have a tighter connection than you may think. A short article on the website of the Corporate Executive Board (CEB, a member-based advisory business) notes changes in the past ten years in compliance work trends. It is no secret that […]

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Are you getting the word out about your contract database?

Want to do yourself and your contract database staff and managers a favor? Get the word out about how your contract database can be used as a productivity tool – it just may be the internal boost you’re looking for to raise the profile of your database work and efforts. Recently on this blog we’ve […]

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Is the hunt for data killing your productivity?

When it comes to the modern workplace, there’s a lot of emphasis on data management. Of course, that assumes the data can be found – and that’s a problem. The problem is that data sources are often scattered across the enterprise. Though everyone likes to think of the workplace as a collection of virtual spaces […]

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Contract management software: Ongoing mistake insurance

Mistakes that get compounded over time are the ones that can really hurt an organization. A recent case study involving AT&T is ample evidence that small mistakes, especially when it comes to vendor costs, can add up to millions if not unchecked. In a recent post on the HBR (Harvard Business Review) Blog Network, Thomas […]

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Tearing your hair out yet? Common contract frustrations

Administrators of contract management databases may have an important job. Unfortunately, it’s not always easy. Although a well-maintained contract database and a well-oiled contract management process can be key efficiency tools, there aren’t any (yet) glossy magazine covers dedicated to star contract database administrators. If you are in charge of administering or managing a contract […]

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Four ways to get wider support for contract management work

If you are a contract database administrator, then you know how important contract management is. Without contract management, your company or department is at significant risk from underperforming vendor commitments, inaccurate billing, missed deadlines and even possible “make goods” due to unmanaged obligations. All or any of these put your company at financial risk, or […]

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Why sales departments need to be in the loop in contract management

When the topic is contract management, many people immediately think of managing the vendor side of the business. After all, vendor contracts are about the expenses and costs your company incurs doing business, so managing these closely makes a lot of sense to insure there’s a minimum of “leakage.” But even among those companies in […]

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A contract renewal checklist for contract managers

One of the great things about using a contract management solution is that it reduces the potential for nasty surprises when it comes to contract renewals. That doesn’t mean, however, you should lower your guard. Sometimes it can be the most mundane of contracts that get automatically renewed year after year that can cause the […]

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