Game theory as a game changer in contractmanagement?

You do not always need to invent the wheel. In this article I will try to get a link between a sound mathematical theory and the world of contractmanagement, AI and CLM. As always, feel free to comment. What is...

Your contracts are valuable: don’t miss out on good contract management

Contract management, or contract lifecycle management, is an activity still neglected by companies... ... but not for long, as its strategic value is becoming increasingly apparent. Indeed, the practice of...

AI and Automation in Contract Management – Why Your Business Needs It Now

Contract Lifecycle Management (CLM) is about more than just storing contracts; it’s a key driver of business efficiency. Integrating AI and automation into CLM can completely revolutionize how contracts are...

Data Protection Provisions in Contracts: Why They Matter and What to Include

In today’s digital landscape, data has become one of the most valuable assets for businesses. However, with great value comes great responsibility. Ensuring robust data protection measures in contracts is no...

The Importance of Contract Management Software

Today’s corporate environment demands that legal teams deliver value-driven, transparent, and cost-effective legal services. This compels legal departments to seek ways to improve their processes, often through...

ESG in 2025: Supplier Collaboration Strategies for Success

Procurement sits at the forefront of an organization’s social and sustainability efforts. This is because organizations are now judged not only on their internal practices, but also on their ability to enforce ESG...

The Ultimate Guide to Contract Lifecycle Management (CLM)

In today's business environment, efficient contract management is no longer a luxury—it's a necessity. As organizations grapple with increasing regulatory pressures, complex business relationships, and the need...

The Four Hidden Risks of a Fragmented CLM Deployment

Contract Lifecycle Management (CLM) solutions have emerged as an essential tool for managing contracts, reducing legal risks, and improving overall compliance. As organizations rush to implement CLM systems, many...

Game theory as a game changer in contractmanagement?

You do not always need to invent the wheel. In this article I will try to get a link between...

Your contracts are valuable: don’t miss out on good contract management

Contract management, or contract lifecycle management, is an activity still neglected by...

AI and Automation in Contract Management – Why Your Business Needs It Now

Contract Lifecycle Management (CLM) is about more than just storing contracts; it’s a key...

Data Protection Provisions in Contracts: Why They Matter and What to Include

In today’s digital landscape, data has become one of the most valuable assets for businesses....

The Importance of Contract Management Software

Today’s corporate environment demands that legal teams deliver value-driven, transparent, and...

ESG in 2025: Supplier Collaboration Strategies for Success

Procurement sits at the forefront of an organization’s social and sustainability efforts....

The Ultimate Guide to Contract Lifecycle Management (CLM)

In today's business environment, efficient contract management is no longer a luxury—it's a necessity. As organizations grapple with increasing regulatory pressures, complex business relationships, and the need...

The Four Hidden Risks of a Fragmented CLM Deployment

Contract Lifecycle Management (CLM) solutions have emerged as an essential tool for managing contracts, reducing legal risks, and improving overall compliance. As organizations rush to implement CLM systems, many...

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Featured contract management news

Featured contract management news

Game theory as a game changer in contractmanagement?

You do not always need to invent the wheel. In this article I will try to get a link between...

Your contracts are valuable: don’t miss out on good contract management

Contract management, or contract lifecycle management, is an activity still neglected by...

Data Protection Provisions in Contracts: Why They Matter and What to Include

In today’s digital landscape, data has become one of the most valuable assets for businesses....

The Importance of Contract Management Software

Today’s corporate environment demands that legal teams deliver value-driven, transparent, and...

The Ultimate Guide to Contract Lifecycle Management (CLM)

In today's business environment, efficient contract management is no longer a luxury—it's a...

The Four Hidden Risks of a Fragmented CLM Deployment

Contract Lifecycle Management (CLM) solutions have emerged as an essential tool for managing...

Navigating the complex web of contract management in healthcare

In the rapidly evolving landscape of healthcare, effective contract management is more crucial than ever. With the integration of various services, technologies, and regulations, healthcare organizations face an...

A step closer to the future of contract management

Contract management solutions are booming in the US and UK. In Switzerland and the EU, organizations are closely monitoring developments and it seems likely that adoption of new solutions will take off soon....

Can AI write legal contracts?

Legal contracts are essential for businesses because they document expectations and specific conditions for a business arrangement. However, managing the contract lifecycle can become overly time-consuming because...

Game theory as a game changer in contract management?

You do not always need to invent the wheel. In this article Arjen van Berkum, Chief Strategy Wizard at CATS CM®, will try to get a link between a sound mathematical theory and the world of contractmanagement, AI...

The Four Hidden Risks of a Fragmented CLM Deployment

Contract Lifecycle Management (CLM) solutions have emerged as an essential tool for managing contracts, reducing legal risks, and improving overall compliance. As organizations rush to implement CLM systems, many...

Key considerations for evaluating vendor contracts involving AI

Introduction The prolific use of artificial intelligence (“AI”) to increase efficiency, optimize processes, and identify novel solutions has many businesses turning to third-party vendors to harness its potential...

Contract management is a critical function

Contract management is a critical function that ensures agreements are effective and protects your organization's interests. But how do you know if your efforts are truly successful? While intuition plays a role,...

Real-world litigation impacts of contract clauses in energy contracts

An earnout provision in mergers and acquisitions contracts entitles the seller of the target company to additional compensation in the future if the target performs well after closing. Such a provision is often...

The future of contract management: 7 trends to watch

Contract management has come a long way from the days of paper-based contracts and manual tracking systems. With technological advancements and evolving business needs, the landscape of contract management is...

5 simple, proven ways to improve contract management

Back-office operations are crucial for keeping your company running smoothly, and adequate management of your business's contracts will keep your efforts on track, helping your team hit deadlines and improve...

Interesting topics in all categories

Interesting topics in all categories

General Knowledge

Leveraging Tracey and Wiersma’s framework in ecosystem management

Leveraging Tracey and Wiersma’s framework in ecosystem management

In the realm of strategic management, Tracey and Wiersma's framework offers invaluable insights into how businesses can effectively manage their ecosystems. This approach emphasizes the importance of aligning business strategies with operational practices to enhance overall performance and sustainability. However, it's not just about adhering to these strategies; certain elements require more or additional attention beyond the standard...

Contract & Commercial Management

Your contracts are valuable: don’t miss out on good contract management

Your contracts are valuable: don’t miss out on good contract management

Contract management, or contract lifecycle management, is an activity still neglected by companies... ... but not for long, as its strategic value is becoming increasingly apparent. Indeed, the practice of contract management promises numerous benefits: saving time and money, protecting against financial and legal risks, etc. But what exactly is good contract document management? What actions does it entail? And what is the role of the...

AI & Tech

AI and Automation in Contract Management – Why Your Business Needs It Now

AI and Automation in Contract Management – Why Your Business Needs It Now

Contract Lifecycle Management (CLM) is about more than just storing contracts; it’s a key driver of business efficiency. Integrating AI and automation into CLM can completely revolutionize how contracts are drafted, reviewed, signed, and managed. In today’s legal landscape, AI-powered CLM tools enable companies to streamline workflows, reduce human error, and deliver deeper insights into business operations. Legal departments can focus...

Supply Chain

The most common supply chain risk-management failures

The most common supply chain risk-management failures

Regulators around the world are sending a consistent message to companies that operate or source internationally, which is that they must take ownership of their supply chains. In addition, multinational companies face increasing pressure from stakeholders, including investors, customers, and regulators, to align their operations with Environmental, Social, and Governance (ESG) principles, especially in the areas of forced labor, human...

The most common supply chain risk-management failures

The most common supply chain risk-management failures

Regulators around the world are sending a consistent message to companies that operate or source internationally, which is that they must take ownership of their supply chains. In addition, multinational companies...

Risk, Legal & Compliance

From Agreement to Action: How Due Diligence Shapes Your Contracts

From Agreement to Action: How Due Diligence Shapes Your Contracts

When it comes to legal contract management, due diligence isn’t just a box-ticking exercise—it’s a crucial requirement of smooth contract execution. But what exactly does "due diligence" mean for contract managers and how does it move an agreement from paper to practice? At its core, due diligence is the investigative work that lays the groundwork for informed decisions in contract management, helping contract managers assess risks,...

Finance

How ALM and CLM are reshaping finance

How ALM and CLM are reshaping finance

Tired of the spreadsheet shuffle, the approval chase, and the expense reconciliation saga? Say goodbye to the old ways and embrace a new era of efficiency!​ 1. Cost Control Mastered Say hello to Budget Bliss! Centralize contracts for enhanced expense visibility, empowering you to manage budgets with precision.​ 2. Auditing Made Easy No more headaches! With all contract and asset data neatly organized, auditing becomes a breeze, delivering...

How ALM and CLM are reshaping finance

How ALM and CLM are reshaping finance

Tired of the spreadsheet shuffle, the approval chase, and the expense reconciliation saga? Say goodbye to the old ways and embrace a new era of efficiency!​ 1. Cost Control Mastered Say hello to Budget Bliss!...

Sales

Ensuring future value: the critical role of contract management in sales

Ensuring future value: the critical role of contract management in sales

In a sales process, contract management plays a vital role in safeguarding future value by balancing the excitement of making a deal versus the realism of harvesting the value in the future. Here's how it ensures the long-term success and sustainability of the business: Effective contract management ensures that agreements are clear, precise, and aligned with the interests of all parties involved. By defining the rights, obligations, and...

Procurement

The crucial role of contract management in public sector procurement

The crucial role of contract management in public sector procurement

The public sector is very complex and the demand ranging from fair, economically viable, fitting into the ecosystem, driving innovation, being compliant and many more has forced contract management to emerge as a pivotal element. This is especially true when public entities serve as the sole, or almost sole, purchasers of specific services or wield substantial influence due to their size. This is particularly relevant in vital sectors such...