If you're like many companies, you keep a growing list of hard copies and electronic files plus a nifty spreadsheet to track key dates and details. Yet it can still take hours, even days, to track down the data you need when you need it.
Not having an effective system to manage your contracts is almost as bad as not having a contract! Organizations have invested significant time and money to reach the point of a signed contract. Unfortunately, it is incorrectly believed that this is the last time anyone needs to look at the agreement.
Explore how a Contract Management System Addresses your Needs. Read Complete Article by Thom Davidson
Friday, June 27, 2014
Friday, June 20, 2014
How to Preserve Institutional Knowledge with Contract Management Software
I read a blog posting with the title “How to Preserve Institutional Knowledge” by Ron Askenas. He has some excellent points that are definitely worth sharing.
- The core knowledge of an institution often leaves when individuals are promoted, transferred or depart
- Knowledge disappears even more rapidly when a firm reorganizes or merges with another (We have seen this occur with our healthcare contract management clients)
He suggests that there are a couple of ways to overcome loss of institutional knowledge:
- First, build an explicit strategy for maintaining institutional memory, even in your own team. Don’t assume that it will happen by itself.
- Second, as part of your strategy, identify the few key things that you want every member of your team to know or be able to do — and figure out how to turn this from an implicit assumption to an explicit expectation.
- Finally, use technology to create a process by which your team continually captures and curates institutional knowledge
I had a little epiphany when I realized Contract Guardian Contract Management delivers the capability for capturing the Institutional Knowledge of any organization. As a result I have written some examples of how to leverage Contract Guardian to satisfy this pressing need. Read Complete Article.
Learn more about Contract Guardian by calling 513.977.4544 or request a demo
Thursday, June 19, 2014
Press Release | June 2014 - Contract Guardian Releases Enterprise Search API
New Contract Guardian Search API
Contract Guardian can be integrated with almost any existing system to further extend the power and level of unification of various systems. "The API is easy to use and yet powerful!" - Thom Davidson
The search API can be initiated with or without predefined parameters. Typically, clients will have an icon that will initiate the search. It will open a new window and execute the full text search. The search addresses all security concerns and constraints associated with the client / user.
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Learn more about Contract Guardian by calling 513.977.4544 or request a demonstration.
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