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
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
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
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
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
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
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
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
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
