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Showing posts from August, 2021

Contractpedia: Providing Advanced Data Security and Privacy for Contract Management

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  Data privacy has become the need of the hour. Whether it is an individual or a business entity, maintaining the privacy of crucial data is of the utmost importance to avoid any fraudulent activity. For a business, supplier contracts are the biggest asset. With the right supplier, a business can provide high-quality products and services to customers. Hence, maintaining the privacy of these supplier contracts is crucial. And for the same, the contract management ( it kontraktstyring ) software with high-security features will be beneficial. If you use the right contract management software tool, you will finally gain control over all company contracts. And the right software solution should have robust privacy and security features. With Contractpedia you can be sure that your contracts and other important data is secure.The contract management data center of Contractpedia has the following security features. • The data center has ISO9001 standard quality control ensurin

Why Contract Management Is Essential For Businesses Of All Sizes

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  As a business owner, you must have noticed that you and your employees get into several contracts every year. Keeping a track of those contracts manually is practically impossible. Therefore, there is a need to invest in getting contract management software ( software til kontraktstyring ). It can help you ace your contract management game. You will no longer need to worry about renewing contracts by mistake. That is so because using a contract management software solution, you can access all your contracts in one central repository and can manage them efficiently. If you think that you do not need contract management software since you do not have a lot of contracts, then perhaps it is time to think again. There are a lot of contracts that every business has. For instance, you must have some active insurance plans. You must have some loans that you need to keep track of. Many businesses opt for cleaning services. If you do not like the work of the particular company, y

Three Steps to Achieve Control Over Auto-Renewal Contracts

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If you have ever signed a contract, you might have sometimes come across the line saying that the contract will get auto-renewed in 12 months if the supplier is not informed about cancellation. The duration to provide cancellation of a contract is sometimes 60 days but it could be different depending on the contractual terms and conditions. If a contract has an auto-renewal clause and the supplier is not informed on time, the contract will get auto-renewed for a new period. Now, as a business entity, you need to stay in control of your supplier contracts. You don’t want to be trapped in a supplier contract just because you forgot to send a cancellation notice. So, you need to devise a plan that allows you to effectively implement contract management ( kontraktstyring ) for your supplier contracts. Here are three steps you can follow to gain control over a contract renewal. · Always read the terms and conditions of the contract. As mentioned above, the duration for contract