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Category

Contracts

contract repository
Contracts
December 4, 20230Comments

Contract repository definition, benefits, and how to use

Have you ever needed to review a contract but couldn’t remember where it was? You probably spent the next half an hour or more frantically searching for it. This alone
by Ndukwu Daniel
document management
Contracts
Document automation
electronic signature
November 23, 20230Comments

Document management 101: What you need to know

As long as you work in an office or do business, you know that paperwork is inevitable. The problem is that it can be time-consuming, contribute to waste, and is
by Ndukwu Daniel
contractual risk
Contracts
November 20, 20230Comments

Contractual risk: What it is and how to identify it

No matter how well you’ve drafted a contract, audited it, and executed it, there’s a certain amount of risk associated with it. This contractual risk isn’t something that can be
by Ndukwu Daniel
Contract audit
Contracts
November 16, 20230Comments

What is a contract audit and how to perform one

A signed contract is just the beginning. You and the other parties involved still need to carry out the terms of the agreement. Over time, things may naturally deviate from
by Ndukwu Daniel
contract ambiguity
Contracts
November 13, 20230Comments

Drawbacks of contract ambiguity and tips to avoid it

Most of us will agree that contracts are essential. They protect your interests and protect the interests of the other party (in most cases). Contract ambiguity is an area that
by Ndukwu Daniel
contract amendment
Contracts
November 6, 20230Comments

Contract amendment: Definition + how to use it

Contracts are usually made with the best of intentions but sometimes there are issues that arise. Instead of helping, the contract hinders you and changes need to be made. That’s
by Ndukwu Daniel
requirements contract
Contracts
November 2, 20230Comments

Requirements Contract: What you need to know + when to use

Business has a lot of unpredictability built in. Sometimes, you have more customers than you know what to do with. At other times, you enter a dry spell and have to
by Ndukwu Daniel
output contract
Contracts
October 30, 20230Comments

Output contract: definition, use cases, and risks

One of the worst things that can happen when you’re producing goods is for your supplier to fail to provide a critical part. This issue can be reduced by creating
by Ndukwu Daniel
Aleatory contract
Contracts
October 26, 20230Comments

Aleatory contract: What it is and how to use it

Not every contractual relationship is built on a definite outcome. Sometimes, a specific event will trigger the obligation of one or more parties. This is known as an aleatory contract
by Ndukwu Daniel
commercial contract
Contracts
October 23, 20230Comments

What is a commercial contract? With examples

Commerce is built on various types of commercial contracts. Some of them are for massive sums and projects while others are relatively small. All of them have similarities that mark
by Ndukwu Daniel
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