Best Practices Archives -

27 Feb 25

Crafting the Perfect Statement of Work (SOW)

A well-crafted Statement of Work (SOW) is key to project success. Learn how to define scope, set goals, manage milestones, & ensure compliance.

https://draft.volody.com/resource/crafting-the-perfect-statement-of-work-sow/ Read More

25 Feb 25

Missed Contract Obligations? What to Do Next?

Contracts are essential for running a business. They provide a clear plan that outlines what each party must do, expect, and have the right to. Every contract includes important obligations—these are the tasks and commitments that people or businesses have to complete. This can include paying bills, delivering products or…

https://draft.volody.com/resource/managing-contract-obligations-compliance/ Read More

19 Feb 25

Missed a Contract Deadline? Here’s What You Should Do Next!

Did you know that 70% of businesses lose money because they miss contract deadlines? This surprising fact shows how important it is to complete contracts on time. It is not just a formality; it can affect the money and success of a business. Missing a contract deadline can lead to…

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17 Jan 25

Effective Contract Management: Key Strategies for Success

Learn the essentials of contract management, including best practices, software solutions, and strategies to streamline the contract lifecycle and reduce risk.

https://draft.volody.com/resource/effective-contract-management-strategies/ Read More

13 Jan 25

Top 7 Legal Issues in Real Estate You Should Know

Discover the top 7 legal issues in real estate, including title disputes, zoning violations, contractual errors, etc. Learn how to navigate transactions.

https://draft.volody.com/resource/legal-issue-in-real-estate-all-should-know/ Read More

09 Dec 24

What is Central Repository? An Effective Guide

Dive into the world of central repository for contracts with our detailed guide. Explore the fundamentals of this essential concept.

https://draft.volody.com/resource/what-is-a-central-repository/ Read More

22 Nov 24

What does Contract Redlining mean? Know your Basics

Learn the essentials of contract redlining, its challenges, & benefits. Discover tools, strategies, & tips to streamline negotiations & improve efficiency.

https://draft.volody.com/resource/what-is-contract-redlining-know-basics/ Read More

20 Nov 24

Risk of Managing Contracts on Excel Spreadsheets

Structuring an Excel spreadsheet for contract management can indeed be quite efficient, especially for smaller businesses or teams with simpler needs. It’s great that you’re covering naming conventions and formulas/functions; those can really streamline processes and ensure consistency. Highlighting the limitations of using spreadsheets for contract management is crucial too.…

https://draft.volody.com/resource/risk-of-managing-contracts-on-excel-spreadsheets/ Read More

19 Nov 24

Master the Art of Contract Renewal Negotiation

Learn essential strategies for successful contract renewal negotiation. This guide provides the tools needed to secure the best possible terms.

https://draft.volody.com/resource/art-of-contract-renewal-negotiation/ Read More

18 Nov 24

7 Ways You Can Use ChatGPT for Contract Negotiation

Discover 7 ways how you can use ChatGPT for contract negotiations. From analyzing clauses, simulating scenarios to generating creative solutions.

https://draft.volody.com/resource/use-chatgpt-for-contract-negotiation/ Read More