Your Complete Guide To Contract Lifecycle Management - Ebook
Originally published: 15/03/2023 08:56
Publication number: ELQ-36300-1
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Your Complete Guide To Contract Lifecycle Management - Ebook

Whether you’re an experienced practitioner or completely new to CLM, this guide will offer you insight, and practical advice to manage contracts effectively.

Description
After all, the future success of your business depends on realising the value that’s captured
in its contracts. From supplier agreements to employee documents, everywhere you look
are commitments that need to be met for your business to succeed.


Keeping track of all these details can be complex so we’ll break it all down for you and give
you checklists to follow, as well as other actionable tips.


And don’t worry, you’re not expected to complete every task for every stage, particularly if contract management isn’t your full-time role.


However, when you have specific questions or come across something new, you should be able to reach for this guide and find some answers. Please use the document and share it with your colleagues and friends as needed.


Your 10 points checklist for each stage of contract management would help you to know the process and perform contract management effectively. 


This would start with Contract Initiation, 
Contract negotiation, 
Contract Execution, 
Contracts Start-up, 
Contract operation, 
Control Contract changes, 
Track Obligations Compliance, 
Check supplier performance, 
Perform periodic reviews, 
Review user satisfaction with suppliers, 
Review contract Relevance, 
Review Regulatory Environment Changes,
Review Contract Benefits, 
Realisation and Value for Money, 
Review Continuous Improvement and Innovation, 
Review Supplier Benchmark, 
Address Issues, 
Resolve Disputes, 
Contract Renewal, 
Contract Close-Out, 
Useful Document Templates

This Best Practice includes
1 PDF document

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Further information

This guide will offer you insight, practical advice, and step by step guide with key tips to help you manage your contracts effectively

To know the contract life cycle management process in detail along with a checklist
For training the team in operations


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