U-Nego

🔁 Contract Life Cycle Management Services

📃 Contract Consultancy & Strategy

💼 Procurement and Bid Management Services

28/07/2022

Guess who‘s back? Our glossary! Contract world is still expanding but we‘re here to help you to stay updated! 🔍

This time, with the letter C, meet the term “conditions“. This is the most important terms of the contract, which means that if there‘s any kind of failure to comply with the contract‘s conditions... well, there‘s a breach! 🚨

Make sure to read all the conditions properly and think wisely before signing any document. Believe us, there are conditions that can save you a lot of money! 😉

ℹ️ Having trouble finding the meaning of some words? We spell it out for you! Contact us now for more information: www.u-nego.com

21/07/2022

Fun fact: some of the largest corporations in the world are reporting that they are engaging in up to 1000 of Non Disclosure Agreements per year, spending an enormous amount of time on them, which in turn is money! 🤯

From our point of view, these NDA‘s are very similar and cover the same usual concepts most of the times. See our checklist, and ensure that these key points are covered in your NDA‘s:

1️⃣ Identification of the parties;
2️⃣ Is the NDA mutual, or unilateral?
3️⃣ What is the “purpose” of your NDA;
4️⃣ How should non-confidential information be handled;
5️⃣ How should confidential information be identified;
6️⃣ Confidentiality obligations and what can be done with confidential information;
7️⃣ What standard of care should be used in regards to the confidential information;
8️⃣ Required Disclosure and/or Permitted disclosure;
9️⃣ Remedies in case of breach;
1️⃣0️⃣ Notices;
1️⃣1️⃣ The term of the NDA;
1️⃣2️⃣ Governing Law and Jurisdiction.

ℹ️Want to find out how we can automate the creation of these NDA‘s to less than 5 minutes per document? Contact us now: www.u-nego.com

18/07/2022

Do you already use KPI’s to measure performance of your contract management activities? 📊

Contract Risk, Contract Efficiency, Contract Effectiveness, Contract Value – are some of the few that come to mind immediately. At U-NEGO we have developed a framework that will enable you to put the Contract Management activities on the radar of your company and help you understand your contracts performance! 💪

ℹ️ Contact us now: www.u-nego.com

13/07/2022

Interested in improving your skills in Contract & Commercial Management? 💥

At U-NEGO, we offer a professional development program to meet your needs. And, of course, there is always a plus: we can prepare you for the certification of the World Commerce & Contracting organization! 🎓

ℹ️ Let‘s get better together! Contact us now: www.u-nego.com

08/07/2022

Let‘s see what our clients have to say about us! 🧐

By employing the right mix of technology backed-up by our experienced consultants, we accompany you in every aspect of your contractual needs. This value that we generate will help you to launch new projects just like this client of ours! 🚀

ℹ️ Your one-stop shop for contract revitalization? It‘s U-NEGO, for sure. Contact us now: www.u-nego.com

28/06/2022

GLOSSARY TIME! Today we review the term “breach“. Do you know what a “breach“ is when referred to a contract? 🔍

It means the violation of the agreement by one or more parties - and that can make ALL the difference, as it can render the entire contract void 🚨

Depending on the violation and the specific terms, this makes that the violating party may have to provide damages to the affected party... So better watch out and never end up in that situation! ✅

ℹ️ If you‘re having trouble finding the meaning of some words or contract expressions, don‘t worry: we spell it out for you! We publish once per month the meaning of some key expressions! If you can’t wait for the next one, don’t hesitate to contact us now for more information: www.u-nego.com

23/06/2022

Companies think that bad contract management can cost up to 9% of their annual bottom line... but the scary part is that it‘s actually true! 🤯

Tell us, which of these situations do you recognize in your business:
1️⃣ Storing contracts in various places;
2️⃣ Having multiple versions of the same contract without an organization system;
3️⃣ Not having a naming convention for your contracts;
4️⃣ Using paper contracts, vulnerable to loss or damage;
5️⃣ Not having a clearly documented signature process;
6️⃣ All of the above.

If you can relate to at least one of these situations, it‘s an emergency call! Contact us now and know more about contract storage: www.u-nego.com 👈

16/06/2022

Are you having difficulty managing your service contracts? 🧐

Indeed, they are very complicated to manage:
✅ Tracking value delivered is not easy;
✅ Managing delivery models with multi-layer service levels, KPI’s and obligations is quite time consuming;
✅ Complex pricing structure and payment terms are difficult to apprehend;
✅ Having to constantly follow up and monitor actions, issues lists, claims, is tiresome;
✅ Multiple contract changes require attention and your deep involvement and time that you don’t have;
✅ Your organization suffers from the lack of interaction of various enterprise functions, making it a nightmare to obtain an integrated view on your contract’s performance.

We can help you! 💥

Want to know more? Contact us now for more information: www.u-nego.com 👈

09/06/2022

Yes, we couldn‘t believe it either! According to the Journal of Contract Management, 71% of the contacted companies admit not being able to locate more than 10% of their contracts!📊

We believe it is our job to inform you that not apllying regulatory obligations can cost your business millions of euros in litigations and unvaluable reputational damages. But this can me avoided with contract management services and we have the solutions to keep you away from that situation💡

Never lose sight of your strategic contracts again... and we mean, all of them! 🧐

ℹ️ Contact us now: www.u-nego.com

31/05/2022

Our team is growing and growing! Stanislas is our new team member, and will be the Application Delivery, Project and Program Manager! 💼

Welcome to the team, Stanislas Fritsch! 🙌

26/05/2022

Quick question: do you know of the whereabouts of your company‘s contracts? 🤔

Don‘t worry: notable companies admit that they don‘t know either. However, if you would like to solve this situation, U- NEGO has a simple strategy for smart contract repository that you shouldn’t miss! 📝

If you‘d like to benefit from it, contact us now for more information: www.u-nego.com 👈

20/05/2022

Here‘s our glossary to help you understand the contract world, and today let us start with the letter “A”! Probably you‘ve heard the term “amendment“ a few times by now. But do you really know what it means? 🔍

An amendment is a document that makes significant changes to an existing agreement. But, to be valid, both parties must agree to the terms of the amendment, upon which it becomes part of the original agreement! 🧐

ℹ️ Having any trouble finding the meaning of some words? Don‘t worry, we spell it out for you! Contact us now for more information: www.u-nego.com

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