Zycus recognized as a ‘Strong Performer’ in The Forrester Wave™: Contract Lifecycle Management, Q2 2023  Read More

Best Practices to Ensure Contract Compliance – Part 2: Maintain a Contract Template and Clause Library

Thanks for being part of our blog series on best practices to ensure contract compliance. Today’s post will talk about best practice #2—maintaining a contract template and clause library.

Standardized contract creation = Faster contract creation! Drafting contracts from scratch makes authoring time-consuming and error-prone.

Using configurable templates standardizes the contract language across contract categories and reduces the chances of errors. A comprehensive library of pre-approved clauses (including alternate and fallback clauses) standardizes language and mitigates risks of violating regulations or skipping details, while also making drafting and negotiation quicker.

Standardizing is a continuous process, but crucial for ensuring high compliance levels throughout the contract lifecycle. Set templates can create challenges when amendments and modifications must be made, especially during the preparation of customized contracts.

Ensure regular updating of templates and clauses for any changes due to regulations, processes, or industry measures, under the guidance of the concerned domain experts with constant monitoring.

Quick tips to ensure contract compliance:

  • Define mandatory / non-mandatory clauses
  • Define templates & clauses based on geographies & categories
  • Ensure continuous updates to all clauses & templates by relevant stakeholders

Watch this space for more on contract compliance management.

Contact us at info@zycusicontract.com to have all your contract compliance concerns addressed.


Learn about Zycus’s Post Award Contract Compliance Management Solution.


Mr. Panchal is the Vice President at Zycus. An ardent promoter and practitioner of Theory of Constraints and CCPM, Digesh brings with him deep domain expertise from his long and rich personal experience in manufacturing. In his prior stint at Verdantis, he has led highly complex implementations of Master Data Management solutions for multiple master domains, across various industries and varied deployment models. As a forward-thinking leader with extensive experience in the design, development, testing, and rollout of cutting-edge B2B SaaS solutions, Digesh excels at driving the day-to-day operations of complex enterprises to produce turnarounds. At Zycus, Digesh is responsible for building a best-in-class AI-driven Enterprise CLM software and drive market traction.
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