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The Strong Point

Leveraging our compliance experts’ and SharePoint developers’ depth of knowledge to share industry-related news, quick tips and best practices in policy and procedure management, contract management and business processes.

Top 5 Most Popular Policy Management and Contract Management Articles

Here are the top 5 most popular articles on our website in the last 6 months   6 Ways an Ineffective Contract Renewal Process Hurts Your ROI If your organization has ever experienced any of these six errors, delays or

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Is Your Compliance Training Working?

Regulatory compliance is a legal obligation for any company, and the cost of that compliance is accepted as a required part of the operating budget. Making sure that employees are adequately trained on the details of those compliance requirements can

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Structured Management of Conflict of Interest Policies

Homegrown conflict of interest policies often read like a shopping list of every scenario the company failed to consider in the prior versions of the policy. The fact that both the appearance of and the potential for abuse, irrespective of

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5 Contract Review Checklist Items Before You Sign Your Next Contract

Whether the contract has just been drafted and is going through initial review, or the contract has been approved and is ready to be signed and executed, does your legal team have a process in place for reviewing a contract?

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policies and procedures software

The Dangers of Only Having Policies & Procedures

The Federal Sentencing Guidelines for Organizations (FSGO) that are enforced by the US Federal Sentencing Commission take a very explicit stance on the issue of implementation. FSGO monetary penalties can reach as high as a figure that is deliberately calculated

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Six Do’s and Don’ts When Creating Company Policies

As a policy manager (no matter what department you’re in), creating policies and procedures can become monotonous and mundane when you’re tasked with drafting several documents on behalf of your department at once. Tired of Drafting and Reviewing Company Policies?

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The Must-Have Policy That Enterprise Organizations Are Implementing — And You Should, Too

Every day, more than 9 people are killed and more than 1,153 people are injured in the U.S., from crashes involving a distracted driver, according to the Centers for Disease Control and Prevention (CDC). Distracted driving is “any activity that

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5 hidden benefits of contract management software system

All contract management software vendors talk about the features of the system — the nuts and bolts — and how these features translate to benefits for your legal team. Automating the contract workflow saves your legal time and resources, prevents

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Contract Templates

Contract Templates – Making Contract Managers’ Lives Simple or Difficult?

To succeed in their roles, contract administrators and managers must have a meticulous eye — making sure every ‘t’ is crossed, every ‘i’ is dotted, documents are formatted consistently and all contracts are written as precisely as possible. Often, organizations

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Pressure to Cut Costs Leads Financial Institutions to Automate Processes

Pressure to Cut Costs Leads Financial Services Organizations to Automate Processes

Today, financial institutions are continually pressured to decrease costs while increasing profitability. On top of these tasks, they must juggle demanding customers looking for faster, more personalized service, safeguarding against cybersecurity attacks and adhering to regulatory compliance standards. To meet

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