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Showing posts from March, 2021

Get the Best of Both: Salesforce Integration for Contract Management

Your business has grown phenomenally and now you're thinking about organizing your contracts with a dedicated agile platform. Business owners usually choose software that is easy to manage as well as integrates seamlessly with other proprietary and third-party applications. Contract management software enables the business owner to increase the scope of contracts and ensure seamless monitoring and management of its affairs. When it comes to business applications, Salesforce is considered the best Customer Relationship Management software since it helps in connecting sales and services, marketing efforts, and IT, thereby providing a superior personalized experience for the clients.  Businesses use Salesforce to improve the customer management process, thereby improving the efficiency and productivity of the team. Salesforces enable easy reporting, effective analyzing of data, automation of activities, and collaboration. With Salesforce, the team can stay ahead in their businesses a...

How To Handle Contract Violations Effectively?

One of the biggest hurdles that contract managers face is when the terms and regulations of the contract are violated. Fundamentally, contracts are created to build a sense of accountability and responsibility pertaining to business relationships. Violations of contracts, albeit a common occurrence, can have adverse effects on the involved parties' relationship. Contract violations and non-compliance provides an opportunity for the company to revise its policies and establish a systematic protocol in handling such deviances. The modern era companies have amped their contract processes by integrating agile contract management tools , thereby expediting their business processes. Although it doesn't curb contract violations, it can, however, help the team to be ahead of the process and manage it in the most efficient way. Here are a few specialized tips in handling contract violations. Keep Track of the Involved Members Contract violations occur when contractual partners are not m...