Contract Management Blog Articles

The initial unplanned sprint to working remotely has since made way for meaningful collaboration through technology. And throughout this shift, we’ve supported several high-growth companies in identifying the people, processes, and tools they need to take a collaborative approach to contract management. Though each company came to us with its own set of unique challenges and requirements, each of them began their journey the same way—with the people. Not the shiny tech tools, not the AI features, but first, with an innate understanding of the people that are involved in managing contracts.

In a world of “do more with less”, it's no secret that almost all organizations are interested in using the contract data of yesterday to improve the business outcomes of tomorrow. The real secret lies in why there's still hesitancy around digital contract management and AI adoption in general. 

Could it be because too many solutions have been over-promised and under-delivered? Or is there simply a general lack of trust in technology that has perpetuated manual contract management processes?  

The reality is that the way organizations conduct contract management has changed, and modern contracting challenges require modern solutions. 

You’ve likely heard the term wet signature and may have wondered what the heck is a wet signature?

A wet signature is simply a signature using a pen, pencil, or seal on a physical document. For a long time, wet signatures were commonly used to represent a binding contract.

Malbek Announces Name Change to Merlot Amid a Shift in Global Taste

CLM solution seeks to rebottle the future of contract management in response to an evolving palate

Princeton, NJ, April 1, 2022– Malbek, an award-winning contract lifecycle management (CLM) solution, has announced its name change to Merlot in reaction to a shift in global wine preferences.

The signs of Spring are all around us! Trees blossoming, flowers blooming, pollen making me sneeze 24/7. Spring has really sprung!  Don't get me wrong. The daffodils look great, but G2's Spring badge recipient announcement is my favorite sign of Spring.

And this year, there's an extra reason to celebrate! In addition to our repeat badges, we are the recipients of three new badges to add to our belt. Let's hop in!

Contracts are the undercurrent that drives business forward. They define the contours of most business relationships, and are how most businesses make money. As a first-year law student, you are taught the law of contracts: offer, consideration, and acceptance. These concepts are useful for a lawyer, but no one (besides legal professionals) gives much thought to these things. What is far more useful for the business is understanding how contract cycles can be sped up. That's where contract playbooks and contract templates prove their worth.

Hallways filled with people. Some were dressed to kill, others dressed for comfort. Lanyards, bags, and swag were everywhere. Ah, it was good to be back! 

Happy International Women's Day! This is a day to celebrate the accomplishments, importance, and achievements of women. The women of Malbek are unlike any other! In every department, whether Sales, HR, Marketing, R&D, or Customer Support, the women of Malbek contribute unique perspectives and accomplishments that give us an edge.