Author: Sheryl C. Nelson

May 2021, Business Administration

Unread Contracts Get Revenge Without an Effective Contract Administration Process

Contract administration or contract management refers to the processes and procedures businesses need to manage the negotiation, execution and ongoing management of their contracts with customers, vendors, contractors and consultants. An effective contract administration or contract management process is a “must have” for every business, regardless of size.  We’ve touched before on the desire for contracts to be balanced in their terms and reasonable and clear when describing the parties’…