Guide to Contract Elements for Entrepreneurs

Guide to Contract Elements for Entrepreneurs

Contracts are essential for companies and customers who need to agree on a deal. But they’re only effective if all the elements of a contract are included in the document. Properly structured agreements protect everyone and withholding elements of a contract could invalidate the deal.What are the Elements of a Contract?Contract elements are the different requirements that make up the …

Protect Patient Data with HIPAA Compliant eSignatures

Protect Patient Data with HIPAA Compliant eSignatures

Healthcare organizations that handle patient data must follow strict rules to keep this information private and secure. If you are a medical office, handle medical billing or insurance, or manage health information in any other way, you should already understand what HIPAA compliance entails. But in an increasingly digital world, sending medical records, collecting form authorizations, and other office processes …

Common Contract Types for Small Business

Common Contract Types for Small Business

Companies have countless interactions with customers, employees, vendors, and stakeholders in the course of business. Any time a company makes a deal with one of these entities, it’s important to use the appropriate type of contract to protect the parties involved. Some business contracts are long and detailed because they need to cover all the specifics of a deal. Others …

Essential Software Features for Digitally Signed Agreements

Essential Software Features for Digitally Signed Agreements

A signed agreement from a customer is an essential part of many business workflows. With the shift in recent years towards modern tools, more companies are using digital signature software to send and track their signed agreements. Is your company taking digital agreement signatures through email and text for faster workflows and higher customer satisfaction?What is a Signed Agreement?A signed …

Digital Contract Management Best Practices

What is Contract Management? Steps to Implement a Digital Contract Management Strategy

What is contract management? Contract management is the process of managing contract creation, negotiation, execution, and analysis to maximize operational and financial performance at an organization. However, that process will look drastically different for a large corporation with the luxury of a contract management team versus a small business managing contracts with just a few employees. What does contract management …

Wet Signatures and Electronic Signatures: What to Know

Wet Signatures and Electronic Signatures: What to Know

Ink signatures have long been the standard to signify a legally binding contract. A wet signature, by definition, refers to the act of signing by hand with wet ink on paper. As demands increase for faster business processes and digital communication, companies are looking for ways to simplify the signing process. For those who are still collecting signatures by hand, …