Why contract management belongs in IT – not buried in procurement

Have you ever been caught off guard by a contract renewal… that nobody remembered? Or tried to hold a vendor to a service standard you thought was in the contract, but wasn’t? If that sounds familiar, you are not...

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

Contracts are fundamental to human civilization, enabling structured collaboration, accountability, and progress. Their development over millennia reflects the evolving complexity of societies, economies, and...

Top 10 benefits of CLM

Contract Lifecycle Management (CLM) systems are no longer just a procurement play. While procurement teams are often the first to push for CLM, their rationale is only the tip of the iceberg. The strategic,...

The ultimate guide to software licensing management: avoid revenue loss & ensure compliance

Effective contract management is a challenge for virtually all organisations. Whilst larger, more mature enterprises tend to have dedicated procurement teams to handle performance of contracts, this is not the...

Engage – Fostering Collaboration and Commitment

The final step in the 7E Model for Excellence is Engage. Engagement is the glue that holds all the other steps together. It emphasizes the importance of continuous communication, collaboration, and commitment from...

Enhance – Refine Best Practices

Excellence is not a destination but an ongoing journey. The Enhance phase of the 7E Model focuses on Continuous Improvement. This phase ensures that your best practices evolve over time, adapting to new challenges...

Execute – Bringing Plans to Life

With a clear vision, goals, and standards in place, the next step in the 7E Model for Excellence is to Execute your plan. Execution is where all the groundwork laid in the previous steps comes to fruition. This...

Why contract management belongs in IT – not buried in procurement

Have you ever been caught off guard by a contract renewal… that nobody remembered? Or tried...

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

Contracts are fundamental to human civilization, enabling structured collaboration,...

Top 10 benefits of CLM

Contract Lifecycle Management (CLM) systems are no longer just a procurement play. While...

The ultimate guide to software licensing management: avoid revenue loss & ensure compliance

Effective contract management is a challenge for virtually all organisations. Whilst larger,...

Engage – Fostering Collaboration and Commitment

The final step in the 7E Model for Excellence is Engage. Engagement is the glue that holds...

Enhance – Refine Best Practices

Excellence is not a destination but an ongoing journey. The Enhance phase of the 7E Model...

Execute – Bringing Plans to Life

With a clear vision, goals, and standards in place, the next step in the 7E Model for Excellence is to Execute your plan. Execution is where all the groundwork laid in the previous steps comes to fruition. This...

This is an initiative of CMPartners Holding BV where passionate people work on contractmanagement every day. Contractmanagement.online shares unbiased knowledge in our domain, empowering everyone to make well-informed decisions.

Our mission is straightforward yet impactful: to optimize contract management procedures, enhancing their efficiency and effectiveness. We would be delighted to publish your article and invite you to share it with us here.

Collectively, we are devoted to improving the realm of contract management, contract by contract.

Featured contract management news

Featured contract management news

Why contract management belongs in IT – not buried in procurement

Have you ever been caught off guard by a contract renewal… that nobody remembered? Or tried...

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

Contracts are fundamental to human civilization, enabling structured collaboration,...

Top 10 benefits of CLM

Contract Lifecycle Management (CLM) systems are no longer just a procurement play. While...

The ultimate guide to software licensing management: avoid revenue loss & ensure compliance

Effective contract management is a challenge for virtually all organisations. Whilst larger,...

Engage – Fostering Collaboration and Commitment

The final step in the 7E Model for Excellence is Engage. Engagement is the glue that holds...

Enhance – Refine Best Practices

Excellence is not a destination but an ongoing journey. The Enhance phase of the 7E Model...

What Is AI Contract Management? Exploring A Digital Future

The term “contract management” refers to the process of managing contracts, including monitoring deadlines, setting contract terms,  and tracking a contract post-signature. Legal and procurement teams have tried...

How generative AI will revolutionize supply chain

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced...

Price management within locked contracts

Fixed (locked) contracts often provide substantial benefits to both parties. For one party, they promise stability and a trusted partner. For the other, they guarantee predictable business and revenue. This is the...

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...

Sustainable practices in contract management

To effectively integrate sustainable business practices into contract management, organizations can follow these steps: 1. Conduct a sustainability assessment Identify key sustainability issues: Assess the...

How to optimize your contract renewal strategy

If your organization is looking for ways to improve your contract renewal workflow, there are business models you can follow to help guide your path. Read on to discover six tips to help you identify hidden...

Revise Contracts Now: New State Data Privacy Laws

A contract establishes an organization’s obligations and rights, serving as the framework for every business relationship. But as additional states continue to debate, approve and then roll out data privacy laws,...

Exploring the Pre-Negotiation Phase of the Contract Lifecycle

Contract lifecycle management (CLM) is like building a house. It requires a detailed plan and a seasoned team with a variety of skills. It’s usually completed in phases. But the entire structure could be in...

Contract management in a value-based care environment

For operational efficiency, value-based initiatives need a scalable digital infrastructure that can handle multiple reimbursement models, including fee for service. Value-based care (VBC) models are designed to...

Culture as a vital element in contract management

Arjen van Berkum, Chief Strategy Wizard at CATS CM®, believes culture is a vital element in contractmanagement but often it is overlooked. So a small jump into it to get your mind running. Organizational culture...

Interesting topics in all categories

Interesting topics in all categories

General Knowledge

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

Contracts are fundamental to human civilization, enabling structured collaboration, accountability, and progress. Their development over millennia reflects the evolving complexity of societies, economies, and technologies. This article delves into the origins and historical trajectory of contracts, revealing their enduring significance and the pivotal role they play in modern global ecosystems.The Origins: Writing as a Tool for Agreements...

Contract & Commercial Management

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

Contracts are fundamental to human civilization, enabling structured collaboration, accountability, and progress. Their development over millennia reflects the evolving complexity of societies, economies, and technologies. This article delves into the origins and historical trajectory of contracts, revealing their enduring significance and the pivotal role they play in modern global ecosystems.The Origins: Writing as a Tool for Agreements...

AI & Tech

Top 10 benefits of CLM

Top 10 benefits of CLM

Top 10 reasons procurement wants a CLM—and why every function should demand it (with AI’s Game-Changing Role)

Top 10 benefits of CLM

Top 10 benefits of CLM

Top 10 reasons procurement wants a CLM—and why every function should demand it (with AI’s Game-Changing Role)

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 Evolution of Contracts: From Ancient Agreements to Modern Complexities

The Evolution of Contracts: From Ancient Agreements to Modern Complexities

Contracts are fundamental to human civilization, enabling structured collaboration, accountability, and progress. Their development over millennia reflects the evolving complexity of societies, economies, and technologies. This article delves into the origins and historical trajectory of contracts, revealing their enduring significance and the pivotal role they play in modern global ecosystems.The Origins: Writing as a Tool for Agreements...