Tag: Contract Management

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Contracts and Purchase Orders: Key Differences and Uses

If you’ve been managing supplier relationships for a while, chances are you’ve mainly dealt with contracts. So, when you suddenly receive an email from a client mentioning something called a “PO,” it might leave you scratching your head. What exactly is a PO? Don’t worry, you’re not alone, and we’ve got the answers. A PO,…

4 Ways Sales Can Generate Value from a CLM (Contract Lifecycle Management)

Sales teams across industries are constantly striving to close high-value deals quickly while ensuring customer satisfaction for repeat business. However, the journey isn’t without obstacles—chiefly, the delays in closing sales contracts. On the other side, legal teams take their time reading, rephrasing, and reviewing contract clauses to ensure there are no risks, loopholes, or issues….