Blog & Corporate News | Parley Pro Contract Management Solution

Switching to Digital Contract Management – Paperless Office

A paperless office with digital contracts is an excellent trend for any cutting-edge business to follow. This is not surprising since keeping paper contracts out of the equation has ...

June 1, 2022

Key Contract Lifecycle Management Challenges And Their Solutions For 2022

There have been many developments in digital solutions for contract management over the past few years. The global CLM market could reach $ 3.84 billion in valuation by 2026. But contract ...

May 25, 2022

Objectives and Benefits of Contract Management in Procurement

Being able to manage contracts effectively is crucial to improving compliance when dealing with customers, partners, and vendors. By using the methods and theories of efficient contract ...

May 23, 2022

Main Reasons to Prioritise Legal Automation in 2022

Legal teams and departments face many different issues in 2022 than were faced in the past. The legal profession is hectic by nature, but automation, including legal contract automation, ...

May 17, 2022

Supplier Contract Management Improvement: Best Practices and Ideas

Today, organizations have tens of thousands of vendors selling and using their supply chain. For example, the French Energy company, Total, as of 2021, had over 150,000 suppliers under ...

May 13, 2022

The Pros and Cons Of Cloud Contract Management

4 to 6 weeks, that’s the amount of time - on average - that most organizations spent on negotiating a contract. It may take longer or shorter, depending on the complexity of the risk both ...

May 11, 2022

LexisNexis Announces Acquisition of Contract Lifecycle Management Solution Parley Pro

Parley Pro strengthens CounselLink’s ELM platform by providing real-time contract collaboration, management, and negotiation; actionable analytics; and integrated, end-to-end automation, ...

May 10, 2022

Contract Performance Monitoring & Management

When it comes to business dealings, contracts are necessary to help establish the terms of an agreement and prevent misunderstandings down the road. But what happens when things go wrong? ...

May 2, 2022

How to Master the Contract Approval Process

The contract approval process can be a make-or-break moment for a company when it comes to contract management. If the process isn't handled professionally, it can lead to wasted time and ...

April 22, 2022

How to Reduce Your Contract Cycle Time?

Almost every business has some kind of contract cycle time, whether it’s for new customers, renewing existing contracts, or invoicing. Reducing contract life cycle time can save your ...

April 12, 2022

Make the Most Out Of Your Financial Contracts With Finance Contract Software

A contract is a binding agreement between two or more parties, and it's important to make sure that all details are ironed out before signing on the dotted line. That's where finance ...

April 8, 2022

document management vs contract management

Contract Management VS Document Management

There is a lot of confusion between contract management VS document management. Some people use the terms interchangeably, while others see them as entirely different solutions. So, what is ...

April 1, 2022

Modern contract management blog

All things you need to know about modern contract management