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: Compliance Automation Workflow Automation Contracting Automation Contract Automation contract lifecycle management software automating collaboration contracts contract lifecycle software standard contracts digital transaction management drafting contracts document management workplace productivity smart contracts negotiation 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 Contract Lifecycle Management Task Management Agreement Building Contract 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: Contract Lifecycle Management digital transaction management blockchain technologies smart contracts negotiation management