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Quote to cash
process optimization
May 27, 20240Comments

What is quote to cash and how is it used?

The quote to cash process, similar to the order to cash process, is the process of understanding a potential customer’s needs, delivering the service, and collecting payment. It seems straightforward but
by Ndukwu Daniel
Order to cash
process optimization
May 23, 20240Comments

Order to cash explained – what you need to know

In business, we often overlook the little things that can make or break the customer experience. One of those little things is the order to cash process. If you have a
by Ndukwu Daniel
Living document
Contracts
May 20, 20240Comments

What is a living document?

Many agreements, contracts, and routine documents are created once and filed away. They have a specific purpose and won’t be modified much if at all. There’s a certain clause of documents that
by Ndukwu Daniel
attorney vs lawyer
Digital work
May 16, 20240Comments

Attorney vs Lawyer – Is There a Difference?

We’ve all heard the terms attorney and lawyer. They’re a necessary part of our lives when trying to navigate the complexities of the legal system. Even though they appear to be the
by Ndukwu Daniel
Arbitration agreement
Contracts
May 13, 20240Comments

What is an arbitration agreement?

When you sign a contract, you want it to succeed. You want the deliverables to be sent, the quality to be up to standard, and for payments to be made on
by Ndukwu Daniel
Supplemental agreement
Contracts
May 9, 20240Comments

What is a supplemental agreement?

Usually, contracts are the end of the line. What’s written in the contract goes. There are times when things change and you have to add a supplemental agreement to bring your
by Ndukwu Daniel
standardized contract
Contracts
May 6, 20240Comments

What is a standardized contract: A detailed guide

Many brands and industries are required, either by their business models or regulations to create and sign a vast number of contracts. It would be impractical for these organizations to create
by Ndukwu Daniel
Exemption clause
Contracts
May 2, 20240Comments

What is an Exemption clause in contracts

Contracts produce obligations and, by extension, they also produce liabilities when those obligations aren’t fulfilled. There are cases where you are exempt from certain liabilities due to the inclusion of exemption
by Ndukwu Daniel
Business associate agreement
Contracts
April 29, 20240Comments

Business associate agreement: Understanding the BAA

There’s a piece of legislation known as HIPAA that impacts the healthcare industry and everyone who works with providers or practitioners. Without going too deep into what HIPAA is, even vendors
by Ndukwu Daniel
Contingent contract
Contracts
April 25, 20240Comments

Breakdown of what a Contingent contract is and how they’re used

It’s not uncommon to make backup plans that don’t go into effect unless certain conditions are met. That’s the core function of a contingent contract. It leaves the doors to multiple
by Ndukwu Daniel
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