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contract management examples

May lead projects and/or other team members, Revise documents to conform to CoreLogic requirements, liaising with company attorneys on more complex drafting. One of the most important steps of any CLM process is reviewing the contract itself. End Goal: automate all contract requests increasing staff productivity and information accuracy. Gone are the days where having to wait around for a contract to be signed is the norm. You can set up unlimited business rules and triggers to control workflows involving both pre and post contract execution. Workflow Example: Requesting a Contract. Automated workflows are a key component of an effective contract management strategy. Excel spreadsheets), reduces human error, increases vendor retention, and significantly decreases risk by eliminating unintentional autorenewals saving your business time and money. End Goal: approve the submitted contract in an effective and compliant, yet timely manner. Negotiate contracts with third parties, under supervision of company attorneys. Advises management of contract obligations, deficiencies commitments and performance and tracks for contract renewal notice dates. Schedule a contract management software demo with one of our experts. Conduct training presentations for internal customers, as needed, Perform functional risk assessments related to contracts, to manage risk and to satisfy USAA enterprise and regulatory reporting requirements, Bachelor's Degree in Business Administration, Accounting, Finance, Paralegal Studies, or related degree, 4+ years of contract management and administration experience within a related industry, preferably in commercial real estate, Must have a high-level exposure to contract negotiation, drafting and executing commercial contracts and agreements. Clarify requirements for the capabilities needed to operate and develop the contract management function in Budapest, Ensure that the team is proactively assisting or leading the above listed activities across multi-products and services for VGE multinational enterprise customers, Accountable for work allocation across the team to ensure that all contractual, commercial, ad hoc bespoke obligations are met, Accountable for the delivery of contract drafts, executed versions, contract terms and conditions-related reports and their on-time delivery, Supervise the creation of all above mentioned functions and ensure that this is scalable to meet future business needs; ensure that customer needs are addressed as well as Vodafone’s key financial requirements, Lead the development and maintenance of the tools that forecast and track the benefits of Vodafone solutions to the customers and the value the team delivers to VGE, Coach, develop and support the team members, Build and maintain internal and external relationships with key stakeholders across all local markets and Partner networks, Manage multiple activities in an appropriate manner within a fluid and fast changing environment, Improve and enhance the customer experience by assisting in the delivery of bespoke solutions tailored to customer expectation whilst fulfilling Vodafone profitability measures and targets, Manage the content quality reviews ensure high quality output from team members, Effective and positive relationships with other commercial managers, pricing managers and Global Account Managers, Familiarity with general concepts and procedures relating to contracts and contract management, Fundamental understanding of imaging systems, document quality, file management, and role of custodian of records, Demonstrates sound business judgment; know when to seek advice of Risk Management and/or Legal counsel, Demonstrates solid written and oral communication skills, Ability to prioritize and manage numerous tasks quickly, accurately, and efficiently in a fast paced environment and under deadline pressure, Diligent, flexible, and detail-oriented, with excellent organizational skills, Ability to work cross functionally with sales, implementations, client services, risk management and legal, Proficient in MS Excel, MS Office, Internet, and MS Outlook, 2 years’ experience in a paralegal or contract administration role, Knowledge of product implementation processes and/or client service environments, Bachelor's Degree with excellent academic credentials, Paralegal Certification from a program approved by the American Bar Association, Requires a Bachelor’s degree in Business, Finance, Economics, Engineering, or an equivalent combination of education and experience, Demonstrates intermediate level proficiency with MSOffice Suite (Outlook, Excel, Word, PowerPoint), which may be tested during interview, Demonstrated ability to understand and analyze complex documents, ability to formulate logical approaches and make effectiverecommendations to address complex issues, which may be tested during interview, Excellent oral and written communication skills; ability to clearly and concisely express information to wide range of persons including non-technical associates, junior staff,peers and Executive Management (writing samples may be required), General knowledge of commercial and contract terms; and, Relevantexperience working with energy contracts, Familiarity with generation project development, including financing, permitting, transmission, interconnection, and various regulatory and reporting systems andagencies, Able to manage competing priorities and frequent interruptions while maintaining close attention to detail, accuracy and timeliness, Ability to perform at a high level in a matrixed organization, working in inter-departmental teams to achieveobjectives, Assist with the review and management of power contracts and related documents, identifying critical information or patterns. Provide clear and measurable objectives for the team and the individuals. Without the proper tool, requesting a contract can be a cumbersome process involving endless emails, hallway conversations, and a lot of back and forth. Generates detailed reports and presents technical data to senior management, Develops strategies for compliance with new regulatory requirements and contract administration changes for new contracts. Assigns accountabilities, delegate’s tasks and responsibilities as appropriate, Assist in the planning, development, and/or maintains departmental standard operating procedures. Prior experience with APTTUS Contracts Management tool is highly desirable, Advanced MS Word, Excel, and PowerPoint skills. 3. Businesses or lawyers who create business contracts sometimes include the date when the transaction took place at the top of the contract. With Contract Logix’s Visual Workflow Designer, you can easily request a new contract or submit one from a third party. This way, the executive team isn’t required to spend time reviewing contracts that haven’t already been vetted and approved by their staff. Escalates complex issues and procedural violations to management as needed, Establish and maintain relationships within the business lines, internal legal divisions and client relations to effectively understand needs, capabilities, and to effectively and efficiently complete document requests. Responsible to train staff in contract formulation, administration, negotiation, closure or termination, Accountable for the management of the contracts process; ensures attention to detail and accuracy; monitors for vendor and user compliance; advises legal staff in contract review and approval, Maintains and operates an accurate contract tracking and management system and communicates with contract holders and approvers for timely and complete compliance with applicable policies, laws and regulations, Owns and maintains the corporate Contract Management Policy[WU1] and other related policies and recommends updates to ensure efficient use of resources and effective use of technology, Facilitates obtaining internal reviews / approvals necessary for contract, Develops a reporting process that ensures timely delivery of reports and information of contracts listing to all functional leaders in the company . With Contract Logix’s Visual Workflow Designer, you can easily request a new contract or submit one from a third party. Examples of such work may include, Demonstrates a basic ability to identify risks & issues and escalate these as required to the attention of line manager, Demonstrates good basic written & oral communications skills, Demonstrates ability to build relationships, Demonstrates a positive outlook and a "can do" attitude, Able to cope with and respond to last minute changes; flexible, Demonstrates understanding of allocated responsibilities, delivers on time and accurately, Demonstrates a developing basic understanding of contracting principles, Delivers promptly and in accordance work deadlines; effectively captures and manages responsibilities and actions, Self-Awareness - listens to and accepts feedback - sees feedback as a positive opportunity for improvement and quickly implements improvement activity, Remains composed in stressful situations and consistently performs role in a professional manner, Ability to work under high pressure, effectively manage priorities and stakeholder expectations, Able to demonstrate good organizational skills, Proficiency in Microsoft Excel, PowerPoint and Word and strong Email communication skills, 4+ years of contract administration/management experience or other related experience with high volume contracting in a corporate environment, Knowledge of standard contracting administration procedures, concepts, principles and methods, Flexibility to work successfully with a wide variety of personal styles and adapt to change, Experience in a sales or transactional environment, Knowledge of current regulatory requirements influencing contractual development and administration, Coordinates and complies with processes for the application, review and appropriate correction of patient accounts as it relates to posting of manual and auto-posted contractuals, Proactively trend and monitor information to ensure appropriate posting of contractuals, Responsible for review of manual contract adjustments submitted by Business Office staff and approval of any manual adjustment greater than $25.00, Assist the Manager in the training and development of staff related to government and non-government account management, Participate in monthly meetings to include department and denial meetings Comply with all reimbursement and billing procedures for regulatory, third party and private insurance payers, Developing and maintaining positive relationships with employees, management and other support staff, Promote the department as a service organization and continuously work to identify and satisfy the needs of customers, Supportive of the compliance program set forth by IASIS and demonstrated by, Tactical execution – involved in the development, deployment and direction of programs and processes, Policies & Procedures – articulates knowledge and understanding of organizational policies, procedures, and systems, Five years Receivable Management experience, Bachelor degree is required.

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