Contract metadata is the information that helps parties in an agreement sort, review, and track agreements. While metadata might not be seen as necessary, it is crucial to the success of your business. Contracts are at the core of every business’s operation; therefore, the metadata should be present to make it easy to access, aggregate, and link your contracts.
Month: October 2022
One of the most common misconceptions about contract management is that it is tremendously challenging. However, this could not be further from the truth. By leveraging CounselLink® CLM throughout the entire process, your organization can meet the needs of all employees, vendors, and recruiters.
In a business world that demands constant innovation, growth, and increased efficiencies, the process of Contract Lifecycle Management (CLM) has grown increasingly automated. As businesses grow, so do their volume of contracts and their complexity as volatile conditions and business needs endlessly change. This outlines the demand for an intelligent contract platform that can monitor and manage these contracts concerning a business’s unique processes, entitlements, and obligations.
We’ve all heard about drivers succumbing to “road rage” when another driver cuts them off in traffic. Corporate lawyers and contracts professionals also know about “redline rage”—a peeved and aggrieved feeling you get when others fail to use redlines appropriately during contract negotiations.