As contract management software and implementation specialists, the latest release by the IACCM (International Association for Commercial Contract Management) rings true, with a specific warning on comparing “legal tech” to contract management lifecycle software and where contracting impacts on the entire enterprise within a specific, focused discipline. For Organisations seeking Contract Lifecycle Management (CLM) software, …
There are 7 risks that many organisations face if they still have paper-based processes, or rely on spreadsheets and personal work-arounds for tasks that can be easily automated. These manual activities can expose the organisation; Human error, oversight and corporate amnesia Inefficient use of staff time and unnecessary work Poor data collection and quality; insights …
7 Risks in not Automating & Digitising Business Processes Read More »
Going digital is simple – but simple has never been easy. We have taken two decades of experience and learning to distil and offer a best practice approach that makes digital contracting seem simple. The six concepts to consider The essence of an organisation is reflected in the contracts that they enter into Sales contracts, …
Where does an organisation start in automating contract processes? We think it’s time to pause and reflect on automating contract processes; where an organisation should be placing the contract management function, who the sponsors should be, and what is most important. To understand where the function should be placed, depends largely on what the organisation …
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Realyst insights into latest IACCM (The International Association for Contract and Commercial Management) Capgemini Report on Contract Lifecycle Management (CLM) Software Solutions In response to the wide variety and functionality on offer from global software vendors, and the latest trends in technology, the IACCM initiated an investigation into what solutions were available globally, and the …
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What exactly is a platform economy, and how does it impact business? Is there immense value, hidden and locked away in our traditional way of thinking? How can we adapt to meet the challenges of the fourth industrial revolution, stay relevant and prevent ourselves from being disrupted? What is a platform and why is it …
Do you really know your customer? The topics: Know your customer and customer authentication is becoming more prevalent, and impacting more industries. From Financial Services, to Telecommunications, Medical and Real Estate. Managing these processes and getting to know your customer, both from an on boarding perspective as well as maintaining them, is a nightmare for …
What if digitising contracting processes could break down the silos between Legal and operations? All organisations are looking at ways of being more effective and efficient, to drive down costs, or increase productivity, or simply to make the customer experience better. But sometimes our own internal systems and business silos, with that protective mentality, get …
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3 Ways to Implement a Streamlined Contract Management Approach for Complex Customer Agreements “It’s 8:45 on a Friday night. After four days, contract negotiations are finally over. All the parties involved have agreed to the terms and conditions, and the responsibilities of everyone have been committed to paper. The CEO looks away from the city …
Company secretaries are responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements. As the Company Secretary, you are the key governance professional within your organization. We are aware that the vast responsibilities and duties placed upon you are heavy and time consuming. We embarked on a market …
