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fynk contract management blog

All you need to know about contract management - from drafting to signature. The fynk blog contains all kinds of useful insights to support you along the way.

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The Complete Guide to Effective Contract Repository Management

A contract repository is where every agreement your business depends on finally finds its place. No cluttered folders, no endless searches, no guessing which version is the right one. It’s the organized brain of your …

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Rezvan Golestaneh

20 min read
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5 Smart Ways to Boost Your Contract Efficiency with fynk

If you are handling your legal documents like it’s 2015, you’re actively losing money right now. Think about the last time you waited days for a simple contract to move from draft to signed. You know the pain, …

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Rezvan Golestaneh

5 min read
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Contract Signatory - Learn Everything Before You Sign

Signing a contract might seem simple, but it carries more weight than most people realize. Whether you’re agreeing to a new job, sealing a business deal, or authorizing a company decision, the moment you put your …

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Rezvan Golestaneh

7 min read
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How to Redline a Word Document? Complete Guide

To redline a document in Microsoft Word, you use the Track Changes feature and also comments. This guide explains how to redline a Word document in Mac, Windows, and Microsoft 360, how to add comments, review and compare …

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Rezvan Golestaneh

13 min read
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Contract Management Mistakes that’ll Fail you in Audits

Finance teams are always under fire. Audits, compliance checks, and investor questions are just a few examples that show the pressure never stops. Regulators are ruthless. If you can’t deliver fast, expect red flags. In …

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Rezvan Golestaneh

10 min read
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Aleatory contracts, rolling the dice on risk and reward

If you’ve ever dealt with insurance, gambling, or certain investment agreements, you’ve come across something called an aleatory contract. Sounds fancy, right? But it’s basically a contract where the outcome depends on …

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Rezvan Golestaneh

13 min read
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fynk Is Now ISO 27001 Certified, What That Really Means

fynk has achieved ISO 27001 certification, a globally recognized standard for information security. Backed by one of Germany’s most rigorous auditors, this certification reflects our deep, ongoing commitment to …

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Rezvan Golestaneh

3 min read
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fynk + Zapier - Automate Contracts Like Magic

You just closed a deal in your CRM, and you’re thinking if only there were a way that you could automatically draft a contract for it, assign it to different parties and signatories, and then send and receive a …

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Rezvan Golestaneh

5 min read
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6 Best Salesforce Integrations You Can’t Skip in 2025

If you’re already using Salesforce, you know it’s more than just a CRM. It’s the command center for your sales, marketing, service, and beyond. With one platform, you can manage leads, close deals, resolve customer …

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Rezvan Golestaneh

13 min read
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How to Review Business Contracts Like a Pro in 2025

When it comes to business contracts, what you don’t catch can hurt you. That’s why reviewing a business contract before signing is a must. Whether you’re sealing a partnership, onboarding a supplier, or finalizing a …

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Rezvan Golestaneh

13 min read
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Germany Eases AVV Signature Rules with BEG IV

From January 2025, Germany has taken a major step toward digital efficiency in contract law. With the implementation of the Fourth Bureaucracy Relief Act (BEG IV), certain formal requirements for contracts, including …

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Rezvan Golestaneh

3 min read
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Unilateral Contracts, A Complete Guide [2025]

Unilateral contracts may not be common as the bilateral ones, but you see them in everyday life more that you think. If fact, the whole insurance industry is based on the unilateral contracts. Bonus programs, rewards, …

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Rezvan Golestaneh

12 min read
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10 Best Contract Lifecycle Management Practices in 2025

Remember when closing a deal meant printing five copies, couriering them for “wet” signatures, then hunting through shared drives to find version final-FINAL-really-FINAL.docx? Yeah…those days are done. In 2025, …

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Rezvan Golestaneh

15 min read
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REST Assured, fynk API Is Here.

Your document workflows just got a major upgrade. With the fynk REST API, you can plug fynk’s powerful document capabilities directly into the tools you use every day, without ever leaving your environment. If you’re a …

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Rezvan Golestaneh

3 min read
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What’s the Difference Between a Lawyer and an Attorney

Attorneys and lawyers are not the same: all attorneys are lawyers, but not all lawyers are attorneys. In the U.S., finishing law school makes you a lawyer, but you’re only considered an attorney after passing a bar exam …

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Rezvan Golestaneh

7 min read
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How VC-Backed Startups Can Master Their Legal Processes

Contracts. Compliance. Document chaos. Three words that regularly drive founders and operations teams up the wall. But what if all that could be brought under control—without costly mistakes, lost documents, or …

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Rezvan Golestaneh

4 min read
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fynk + Pipedrive = Your CLM with a Dash of CRM Intelligence

The new fynk + Pipedrive integration makes it easy for sales teams to generate accurate, compliant contracts using real-time CRM data. No more copy-paste or delays,enjoy faster deals and better collaboration across …

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Rezvan Golestaneh

4 min read
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How to Make a Copy of a Word Document in 2025

Here are all possible ways to make a copy of a Microsoft Word document, across Windows, macOS, OneDrive, Google Drive, Word for Web, and mobile apps. No matter what platform or device you use, you’ll learn the exact …

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Rezvan Golestaneh

17 min read
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How to Write a Contract Proposal (+Examples)

Imagine a freelance marketing consultant gearing up to pitch their services to a mid-sized tech company. Instead of firing off a quick email or tossing out a casual quote, they go full pro mode and build a contract …

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Rezvan Golestaneh

9 min read
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fynk’s Spring Wins, 89 Reasons to Celebrate!

This spring, fynk brought home 89 G2 badges, a testament to how our users experience real value, ease, and efficiency. From leading in contract management and e-signature usability to improving our rankings in document …

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Rezvan Golestaneh

6 min read
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How to Terminate a Contract? (Without Bleeding)

Ending a contract isn’t always a walk in the park. Without clear termination terms, things can get messy fast. Disputes pop up, legal battles get expensive, and both businesses and individuals can find themselves stuck …

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Rezvan Golestaneh

11 min read
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40 Must-Know Contract Management Trends for 2025

The data is clear, Contract management is undergoing a major transformation, with businesses shifting away from slow, manual processes toward more efficient, technology-driven solutions. In this post, you’ll discover the …

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Rezvan Golestaneh

10 min read
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Contract Playbooks - Secret to Efficiency in Contract Review

It’s easy to lose it when you are dealing with complex contracts, especially if you’re a non-legal professional. Shuffling through clauses, legal jargon, and pressure to get things right can make the process feel …

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Rezvan Golestaneh

13 min read
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Guide to Circular Resolutions for Ltd. Shareholders + Templates

Shareholders are involved in decisions such as approving financial statements, electing or re-electing directors, and making significant corporate changes during the company’s general meetings. However, there are times …

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Rezvan Golestaneh

14 min read
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15 Things That Absolutely Must be on Your Employment Contract

Employment contracts are among the most common and essential documents that people sign. Job details, compensation, leave policies, and confidentiality are just a fraction of what must be on a contract of employment. …

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Rezvan Golestaneh

11 min read
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How to Write a Great NDA? + Checklist

Want to create a great Non-Disclosure Agreement (NDA) to protect your valuable data? Writing a comprehensive NDA requires careful consideration; from choosing between unilateral and mutual NDAs to ensuring all necessary …

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10 min read
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15 Types of Contracts and Agreements+Templates

No business runs smoothly without concrete contracts and agreements. No matter how small or big your business is, contracts help you set terms and conditions to protect your interests and ensure a smooth operation. …

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12 min read
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We're Empowering Non-Legal Teams with AI-Driven Legal Workflows: fynk Raises €3.1 Million Seed Round

We are thrilled to announce that fynk has raised €3.1 million in a seed round led by 3VC, with co-investment from 10x Founders. Our existing investors also participated, reaffirming their belief in our mission. This …

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Constantin Wintoniak

6 min read
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How to Manage Contracts with an Excel Template? [2025 Update]

Managing contracts is not easy, but with the right contract management template Excel, managing and renewing contracts can be simplified. While we generally recommend using modern contract management software like fynk, …

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Markus Presle

7 min read
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Signature Forgery Explained - Types, Risks, and Protection Tips

Signature forgery is the unauthorized imitation or duplication of a person’s signature to commit illegal activities like fraud or identity theft. The forger may fake the signature on paper or digitally, often resulting …

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9 min read
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Authority Signatory - Who, Why, & How to Authorize?

An authority signatory is someone in a company who has the official and legal power to sign documents, approve spendings, and make important decisions. They are responsible for all financial and contract-related actions …

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11 min read
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Contract Management Checklist: From Initiation to Renewal

Contract are backbone of any business and to run a smooth one, you need to keep track of the process efficiently. From the preparation and execution to renewal and monitoring stages, there are many things that you need …

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8 min read
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What Makes a Contract Enforceable? 7 Important Criteria

An enforceable contract is a valid, legally binding agreement between parties that can be upheld in a court of law. It needs to fulfill several conditions, such as a clear offer and acceptance, mutual consent, …

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7 min read
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Demystifying Legalese: Your 2025 Guide to Simplifying Legal Language

Legalese often complicates legal documents with its dense and complex language. Our guide helps you understand, speak, and simplify legalese, ensuring clarity in your contract management processes.

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Felix Scholz

7 min read
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fynk launches on ProductHunt a Product of the Day!

We are thrilled to announce the public launch of fynk! Our hard work has paid off, earning us a top position in ProductHunt’s prestigious Product of the Day competition.

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Felix Scholz

2 min read
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Contract Renewal vs. Contract Extension: A Comprehensive Guide

Explore the distinctions between contract renewal and extension, including their advantages and drawbacks, along with practical examples that help in making informed decisions in contract management. This guide offers …

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Felix Scholz

10 min read
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Contract Breach: A Comprehensive Guide to Forms, Consequences, and Prevention

Discover the different forms a contract breach can take, the legal and financial consequences that result, and how effective contract management can help you minimize risks and act more securely. This guide offers …

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Felix Scholz

6 min read
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Severability Clause: Essential in Every Contract

In a world where legal uncertainties and changing conditions are part of daily life, the severability clause is an indispensable component in contract drafting. This guide traverses the complex terrain of contract law to …

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Felix Scholz

15 min read
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What does 'commencement date' mean?

The commencement date is the time or date that a contract becomes officially effective and therefore, legally binding. This guide demystifies the concept, offering clear definitions, the distinction from effective dates, …

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Felix Scholz

8 min read
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Mastering Digital Contract Management: A Comprehensive Guide

In today’s fast-paced business environment, managing contracts efficiently and securely is more important than ever. Digital contract management provides a streamlined, intelligent approach to handling every aspect …

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Felix Scholz

8 min read
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Difference Between Contract and Agreement

Contract or agreement? If you’ve ever wondered what exactly the difference between an agreement and a contract is. While the two share similarities and overlaps, they also have important differences. In this …

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Felix Scholz

9 min read
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Freedom of Contract: Comprehensive Guide - Meaning & Examples

Freedom of contract means parties can independently and fairly negotiate and set their own terms, conditions, and responsibilities without the government restictions. Although this freedom seems the opposite of …

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Felix Scholz

10 min read
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Understanding Wet Signatures: Meaning, Importance and Evolution

A wet signature refers to physically signing a paper document by hand with a pen, ink, seal, or other identifying mark. While wet signatures have largely been replaced by electronic signatures, they are still required …

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Felix Scholz

14 min read
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How Contracts Are Usually Signed

Contracts are usually signed either physically (handwritten) or electronically, by all involved parties to confirm their agreement to the terms. Each party typically signs on designated signature lines, along with the …

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Felix Scholz

8 min read
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Mastering the Art of Bartering: A Modern Guide to Ancient Exchanges

In an era where digital transactions and virtual currencies dominate, the ancient practice of bartering is experiencing a renaissance. This timeless method of exchange, where goods and services are traded directly …

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Felix Scholz

12 min read
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How to sign on Behalf of Others: p.p., for/on behalf of, etc.

Correctly using abbreviations like p.p., for/on behalf of, and as authorized agent while signing on someone else’s behalf is crucial. It’s not just about formal correctness, but also clarifying legal powers …

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Felix Scholz

11 min read
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The Best AI Contract Management Assistants for ChatGPT Users in 2025

In this article, we explore the top AI contract management tools for ChatGPT in 2025, tailored for SMEs seeking to streamline their contract processes. We showcase how these tools simplify legal document drafting, …

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Felix Scholz

3 min read
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Revolution of the legal system: Legal AI

In a world where technology is permeating almost every aspect of our lives, the legal industry is not immune. The advent of artificial intelligence (AI) has unleashed a transformative wave that is not stopping at the …

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Markus Presle

2 min read
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Contract Administration Software: Governance & Compliance

Contract Administration Software is not merely a tool, but an essential strategic component of modern business management. The implementation of such solutions enables companies to optimize their contract management and …

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Markus Presle

3 min read
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Efficient proposal generation thanks to contract management software

In today’s competitive business environment, efficient and accurate proposal generation is critical to a company’s success. Traditionally, quotes have been created manually, which can be time-consuming and …

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Markus Presle

4 min read
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Importance of Contract Monitoring: Risk Management

This blog post highlights the importance of contract monitoring for effective risk management in businesses. It minimizes financial risks, ensures legal compliance, and improves business relationships. Investing in …

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Markus Presle

2 min read
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Corporate Housekeeping: The Key to Success and Compliance

Corporate housekeeping is critical to the success of any business. It involves keeping accurate records, monitoring compliance with legal and regulatory requirements, and implementing good corporate governance practices. …

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Markus Presle

2 min read
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Legal Design: Making complex simple

The legal system is widely known for its complexity, which makes it difficult for people without a legal background to navigate and understand. In a society where access to justice is a fundamental right, it is …

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Markus Presle

3 min read
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How a contract generator can save time and effort

In this blog post, we take a closer look at the benefits of using a contract generator, staying compliant, and choosing the right one for your business. Whether you’re a small business owner, a freelancer, or a …

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Markus Presle

4 min read
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Potential of Chat GPT in the legal industry

Chat GPT 3 and other artificial intelligence and natural language processing technologies are beginning to transform the legal industry. Despite fears of job displacement, it is important to recognize that these …

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Markus Presle

6 min read
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Contract Management Software Comparison: TOP15 Vendors

Contract management software is an indispensable tool for companies looking to streamline the process of contract creation, execution and maintenance. It can help companies save time and reduce the risk of errors by …

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Markus Presle

3 min read
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Contract management responsibilities: Overview & analysis

Contract managers play a critical role for an organization by managing and monitoring contracts throughout their lifecycle. For example, they serve as a liaison between companies, employees, customers, suppliers and …

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Markus Presle

4 min read
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Contract Creation: 8 Ways to optimize

There are many benefits to fully coordinating all contract management processes. By optimizing the contract creation and approval phases, contract management processes can be made sound and efficient at the same time.

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Markus Presle

4 min read
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Contract negotiation: How to negotiate in the 21st century!

Contract negotiation hasn’t changed since the advent of email, but new technologies are making it faster, smarter, and less risky. In this article, we explain what it is, why traditional approaches introduce …

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Markus Presle

5 min read
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Contract Management Security: 5 Best Practices

All sensitive information of a company is contained in its contracts. Therefore, contract management security is enormously important for companies of all sizes, but at the same time it is often a major vulnerability.

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Markus Presle

6 min read
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Contract Management Process: how the optimal process looks like

The contract management process is the foundation of every contract and therefore critical to successful contractual relationships. Streamlining the workflow of this normally time-consuming process comes with significant …

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Markus Presle

4 min read
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Digital contract signing: This is what you need to consider!

A contract is only valid if all parties involved sign the agreement. Only with a valid signature does a contract have legal force. Therefore, it is important to consider some points when using digital contract signing.

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Markus Presle

4 min read
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Legal automation: The future of law

Legal automation is the use of software and technology to streamline, manage, and execute legal tasks or workflows in order to increase efficiency.

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Markus Presle

4 min read
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What is contract automation and what are its benefits?

Contract Automation is the process of optimizing the creation, management and execution of contracts through digitization and automation. It simplifies and streamlines the process of creating contracts.

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Markus Presle

4 min read
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Contract management: 4 steps to optimization

Proper contract management helps meet deadlines and increase productivity while reducing liability issues. Every company needs streamlined contract management - here’s how to successfully improve your contract …

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Markus Presle

4 min read
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Contract management via Excel: Why this is not a good idea!

For most companies, Excel usually plays a role in contract management at some point. Excel is one of the most accessible and widely used software programs in the world, yet it is far from optimal for effective contract …

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Markus Presle

3 min read
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What is digital contract management?

In business, a lot revolves around contracts. And contracts pile up as companies grow and the number of transactions increases. That’s when companies realize they need a system to store, track and analyze contracts …

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Markus Presle

3 min read
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Drawing up a contract: 9 steps to create an effective contract

A contract should clearly identify the parties, detail obligations, specify payment terms, outline duration and deadlines, include termination conditions, address dispute resolution, and provide signature lines for all …

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Markus Presle

7 min read
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How contract management software reduces costs

From small businesses to large corporations, companies of all sizes rely on contracts to protect themselves and manage every aspect of day-to-day operations. Deliveries to customers, services from suppliers, leases for …

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Markus Presle

3 min read
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Artificial Intelligence and Automated Contract Review

Contract review technologies have been around for years, but they have primarily been used to store and organize contracts. But more innovative tools are now available to companies that eliminate the tedious, manual, and …

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Markus Presle

2 min read
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Contract management vs. document management

There is much confusion between the definition of contract management and document management. Some people use the terms interchangeably, while others consider them to be completely different solutions. So what is the …

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Dominik Hackl

6 min read
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Contract management software as the basis of business success

Contract management software makes it possible to ensure that a company’s entire contract lifecycle is flawless and legally compliant. In this blog post, we’ll explain the benefits of contract management …

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Markus Presle

6 min read
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The 8 phases of contract management

Effective contract management can essentially be divided into eight phases. The following article provides an overview of these phases and outlines the lifecycle of a typical contract.

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Markus Presle

4 min read
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Contract management vs. contract lifecycle management (CLM)

Although contract management and contract lifecycle management seem synonymous at first glance, they are not interchangeable. When looking for ways to improve legal workflows in an organization, it is important to know …

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Markus Presle

3 min read
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8 advantages of contract management software

Contract management software serves as a central software for companies to handle all their contract processes. It connects with existing systems, automates the entire contract lifecycle, and improves contractual …

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Constantin Wintoniak

4 min read
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What are the benefits of document automation?

Automation is becoming increasingly important in everyday business. Attached are some reasons why companies are turning to this technology to create and manage documents in an automated way.

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Markus Presle

1 min read
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What is Contract Redlining?

Contract negotiations can be incredibly complex. Many contracts are sent back and forth between different parties several times before they are finalized. This back and forth is called “redlining” and is …

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Constantin Wintoniak

10 min read
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Why is contract lifecycle management so important?

Contracts go through a long journey, with numerous stages between creation and execution. Without proper contract lifecycle management, a company can be exposed to serious financial and operational risks. Especially when …

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Constantin Wintoniak

1 min read
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What is legal document automation?

Legal document automation is a blessing for law firms, legal departments and even users of legal services. In the past, legal departments spent countless hours creating and managing legal documents. But with the advent …

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Markus Presle

3 min read
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Why contract management streamlines processes

Regardless of the industry, contract management is an essential part of any business. Contracts form the backbone of daily business operations and are an important risk management tool. As a company grows, so does the …

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Markus Presle

3 min read

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