The importance of contracts in companies is often underestimated or there are not enough resources to comprehensively take care of the review, negotiation and monitoring of contracts. In addition, many companies do not have their own legal department that can provide specialist support. Contracts and contract information are also often stored decentrally and are therefore not reliably available to every specialist department.
Contracts are playing an increasingly important role for companies of all sizes and in all sectors, especially in these very difficult economic times. However, sample contracts found on the Internet are often used instead and contracts are negotiated and concluded without any knowledge of the legal risks and obligations of the entire supply chain. Many companies think that this is all they need to do. However, this misconception can lead to major risks for a company.
These risks can be avoided as cost-effectively as possible with a contract management system. It is irrelevant whether it is a professionally set up system from a provider of contract management systems or an individual system set up by the company’s own IT department with little effort and cost.

Webinar objective:
In this webinar, we will show you how you can use an internal contract management system to identify and minimize potential risks and ensure that contracts comply with applicable laws and regulations. You will learn how you can use an effective contract management system to ensure that all industry-specific requirements are met, that there are no liability gaps in the supply chain and that all key contract key points such as contract terms, liability, warranty, price adjustment options, etc. are reliably available.

Based on practical experience reports and specific examples, you will be shown why you should urgently introduce a contract management system in your company, what added value it offers for you and the entire supply chain and how you can establish it in your company without great effort, increasing efficiency and minimizing risk.

Methodology:
The content of this webinar is presented on the basis of practical cases in such a way that they are understandable, especially for non-lawyers. There will be an opportunity to ask individual questions at the end of the webinar.