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Policy management resources, best practices articles, guides and how-to's can help optimize your processes.
Contract management resources, articles, guides and how-tos can help you improve efficiency.
Resources, best practices, articles, guides, and how-tos to effectively manage incidents.
Articles and guides on conflict of interest disclosure on how to properly handle potential conflicts.
Strategies on building frameworks for managing risks and staying up to date with regulatory developments.
The National Contract Management Association defines micro-managing as “a management style in which a supervisor closely observes or controls the work of an employee” in its 2007 article. No matter what your role in the company, whether entry-level employee or executive leadership, you recognize that micro-managing decreases productivity and employee morale.
At the same time, legal and procurement professionals often find it against their nature to want to delegate — their attention to detail, analytical nature and years of experience make it difficult to entrust others with contracts they can most of the time do faster themselves after having written and executed similar contracts “a million times.”
Remember, the name of the role is contract manager, not micro-manager — so what tasks in the contract process can you delegate, and how can an automated contract management system help you hand over those tasks without feeling like you’ve lost total control?
By delegating contract tasks, you encourage employees to be more accountable for their work, give them opportunities to apply their skills to a project and allow them to grow in their roles and responsibilities. At the same time, you free up your time so you can focus on bigger picture goals for the legal department and building valuable partnerships to improve customer satisfaction.
Next step: See how to streamline your contract management by reviewing our How-to Guide: Successfully Establish a Contract Management System.
After investing time and resources creating these policies, make sure employees read, understand and apply them to their daily job responsibilities! How? Read the Guide on How to Ensure Employee Accountability & Compliance through Effective Policy Management.
Manage employee and teacher contracts, sponsorship deals, city and state regulations, and partnerships.
Manage supplier and vendor contracts, employee and staff contracts, distribution contracts, and facility leasing and ownership contracts.
Comply with HIPAA, HITECH, ICD 9, ICD 10, and FDR CFR regulations for contract management, and handle active directory contracts for your organization.
Comply with SEC, FDIC, FINRA, OCC, CFTC, and Federal Reserve regulations on contracts, handle employee contracts, and partnership deals.
Create and manage employee contracts, improve organizational transparency, reduce risk factors, and mitigate lawsuits.
Abide by local, regional, state and federal regulations, manage contractor information, develop third-party outsourced contracts, and handle facility agreements.
Comply with FAA, DOT, FMCSA, FRA and FTA regulations for contracts, outline contracts for drivers and vendors, and reduce potential risks.
Visit our resource library for industry best practice tips and for case studies on how our software has helped clients in your industry.