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Month: April 2023
Contractual business relationships are quite sensitive and fragile, especially if you’re entering into a contract with a new party for the first time.
You need to be aware of the clauses, risks, and consequences of not meeting the obligations. It can ultimately be the make-or-break point for your business’s success.
This is where a contract lifecycle management (CLM) can come in handy to manage, track, and optimize your contract workflows. But before we look over the benefits of CLM, let’s touch upon the intricate details of contractual relationships.