Everything contract management
Elevating procurement’s role in risk management and sustainability
In the Economist Impact report, titled “Across the procurement-verse: Changing trends in the procurement function” and sponsored by SAP, surveyed executives share increased confidence in procurement to deliver...
Contract management for different industries
Introduction Contract management is crucial across industries, ensuring agreements are executed effectively, risks are managed, and compliance is maintained. Each industry has unique challenges and requirements....
Elevating procurement’s role in risk management and sustainability
In the Economist Impact report, titled “Across the procurement-verse: Changing trends in the procurement function” and sponsored by SAP, surveyed executives share increased confidence in procurement to deliver...
Contract management for different industries
Introduction Contract management is crucial across industries, ensuring agreements are executed effectively, risks are managed, and compliance is maintained. Each industry has unique challenges and requirements....
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5 Must reads
5 Must reads
5 Must reads
Featured contract management news
Featured contract management news
Interesting topics in all categories
Interesting topics in all categories
General Knowledge
Contract managers are boringly average
Earlier this week I spoke about IT service and its impact on people and their business. Nothing new about this. I must have done it fifty times in the past five years. Usually for IT service managers, business analysts and project managers. But this time it was at a conference for contract managers (the Dutch National Contract Management Conference organized by my good friends at CM Partners NL | Contractmanagement). Translation: IT...
Contract managers are boringly average
Earlier this week I spoke about IT service and its impact on people and their business. Nothing new about this. I must have done it fifty times in the past five years. Usually for IT service managers, business...
Contract & Commercial Management
Preventing value leakage and driving value add in contracts
In contract management, understanding the concepts of value leakage and value add is crucial for optimizing the benefits derived from contracts. For Arjen van Berkum, Chief Strategy Wizard at CATS CM®, value leakage is about organizational issues and value add is about seizing opportunity. Here's a breakdown of the differences: Value leakage refers to the loss of potential benefits or value from a contract due to inefficiencies,...
Preventing value leakage and driving value add in contracts
In contract management, understanding the concepts of value leakage and value add is crucial for optimizing the benefits derived from contracts. For Arjen van Berkum, Chief Strategy Wizard at CATS CM®, value...
AI & Tech
How Generative AI is redefining contracts
Digital transformation is driving profound changes across all industries and markets. One of the most revolutionary advancements is the integration of Generative Artificial Intelligence (GenAI) into the creation, management, and review of contracts. These technologies have emerged as an efficient and precise solution, addressing the inherent complexities of legal and contractual documentation. Sectors such as finance, insurance, and energy...
How Generative AI is redefining contracts
Digital transformation is driving profound changes across all industries and markets. One of the most revolutionary advancements is the integration of Generative Artificial Intelligence (GenAI) into the creation,...
Supply Chain
Digital transformation in supply chain management
The landscape of supply chain management is experiencing a paradigm shift, driven by digital transformation. This transition is underpinned by advancements in technology and supported by robust scientific research. The integration of digital tools and technologies promises to enhance the efficiency, resilience, and sustainability of supply chains. Enhanced Visibility through IoT and Blockchain The Internet of Things (IoT) facilitates...
Digital transformation in supply chain management
The landscape of supply chain management is experiencing a paradigm shift, driven by digital transformation. This transition is underpinned by advancements in technology and supported by robust scientific...
Risk, Legal & Compliance
Implications of the final RTS subcontracting for current and future ICT agreements
On 17 and 26 July 2024, the European Supervisory Authorities published the second batch of the final Regulatory Technical Standards (“RTS”) under the Digital Operational Resilience Act (Regulation (EU) 2022/2554, “DORA”). Our colleagues have previously provided a detailed overview of the various RTSs published in the second batch here. In this article, we will focus specifically on one of these RTSs – the final draft of the RTS “to specify...
Implications of the final RTS subcontracting for current and future ICT agreements
On 17 and 26 July 2024, the European Supervisory Authorities published the second batch of the final Regulatory Technical Standards (“RTS”) under the Digital Operational Resilience Act (Regulation (EU) 2022/2554,...
Finance
How ALM and CLM are reshaping finance
Tired of the spreadsheet shuffle, the approval chase, and the expense reconciliation saga? Say goodbye to the old ways and embrace a new era of efficiency! 1. Cost Control Mastered Say hello to Budget Bliss! Centralize contracts for enhanced expense visibility, empowering you to manage budgets with precision. 2. Auditing Made Easy No more headaches! With all contract and asset data neatly organized, auditing becomes a breeze, delivering...
How ALM and CLM are reshaping finance
Tired of the spreadsheet shuffle, the approval chase, and the expense reconciliation saga? Say goodbye to the old ways and embrace a new era of efficiency! 1. Cost Control Mastered Say hello to Budget Bliss!...
Sales
Ensuring future value: the critical role of contract management in sales
In a sales process, contract management plays a vital role in safeguarding future value by balancing the excitement of making a deal versus the realism of harvesting the value in the future. Here's how it ensures the long-term success and sustainability of the business: Effective contract management ensures that agreements are clear, precise, and aligned with the interests of all parties involved. By defining the rights, obligations, and...
Ensuring future value: the critical role of contract management in sales
In a sales process, contract management plays a vital role in safeguarding future value by balancing the excitement of making a deal versus the realism of harvesting the value in the future. Here's how it ensures...
Procurement
Elevating procurement’s role in risk management and sustainability
In the Economist Impact report, titled “Across the procurement-verse: Changing trends in the procurement function” and sponsored by SAP, surveyed executives share increased confidence in procurement to deliver against risk-mitigation objectives. Particularly when it comes to internal risk, which involves stakeholder management and strategic alignment, confidence levels rose to 83% this year, from 64% last year. This illustrates that...
Elevating procurement’s role in risk management and sustainability
In the Economist Impact report, titled “Across the procurement-verse: Changing trends in the procurement function” and sponsored by SAP, surveyed executives share increased confidence in procurement to deliver...