Agreement, Negotiation and Contract Process Management | ContractRoom

Smart Contract Operations - Contract Compliance

By ContractRoom on May 24, 2018 9:34:08 AM

Nothing can strike fear into the hearts of attorneys or businesses like “breach of contract.” Contract negotiations are tedious, exhausting and overwhelming. When a hard fought executed contract is found to be non-compliant, the results can be devastating to all parties involved. While a simple verbal contract, which meets minimal criteria can be legally binding. For business transactions memorialized in writing, contract compliance is significantly more rigid and complex.

Topics: smart contracts workplace productivity drafting contracts contracts standard contracts contract lifecycle software contract lifecycle management software Compliance Automation automating collaboration Contract Automation Contracting Automation Workflow Automation negotiation management document management digital transaction management

How effective is collaboration in negotiations with contract lifecycle management software?

By ContractRoom on Sep 13, 2017 6:03:29 PM

Most general counsel and procurement officers would probably agree that collaboration in contract negotiations is a challenge even when all parties are in the same room. So what happens in our virtual world where the new normal is that people are spread across multiple locations and time zones? What does virtual collaboration look like?

Topics: Predictive Agreement Happy Contracting Redline Automation Proposal Management Cloud Computing Compliance Automation Procurement Contracting Workflow Automation B2B Collaboration Contracting Automation Electronic Discovery Transparency & Visibility Authoring Tools Electronic Signature Contract Repository Task Management Agreement Building Contract Management Contract Lifecycle Management digital transaction management

What’s the future of Contract Lifecycle Management and the Blockchain?

By ContractRoom on Sep 12, 2017 6:35:00 AM

With emerging technologies like blockchain ledgers and decentralized markets taking hold, business managers can fully expect the business contracting environment to change dramatically in coming years.

Topics: blockchain technologies digital transaction management Contract Lifecycle Management negotiation management smart contracts