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 …
Where does an organisation start in automating contract processes? Read More »
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 …
Digitising contracting processes & breaking down silos Read More »
For decades now research houses, consultants and software vendors have been preaching the benefits of contract management, often quoting Governance and compliance, collecting all revenue due, shortening the sales cycle, saving money by identifying unwanted contracts, as reasons to adopt a contract management solution or practice. Simply miss a key date on a strategic contract, …
