In recent years, industries across the spectrum have felt the transformative impact of artificial intelligence. The transportation sector, for instance, is on the brink of a...
Month: October 2023
5 Contract management risks: How they can destroy your business
It’s never a good idea to wait until a crisis makes you realize how faulty your contract management is. Indeed, with business comes many inherent risks. However, with a smart contract...
ESG in Procurement and Contracts
The growing importance of Environment, Safety and Governance (ESG) in future is compelling to implement ESG in procurement practices. However, it can a bit challenging to determine...
How to integrate ESG standards into your contract management
Sustainability and ESG have long since ceased to be trends that companies should merely pay attention to. Rather, corporations...
Dealing with dicey contractual difficulties
Who should sign a Contract first? This is a question I've been asked a number of times, and while it sounds like a simple issue, it can actually have serious consequences. In my view,...
Three strategies to de-risk supply chains amid soaring geopolitical tensions
De-risking strategies, sustainability considerations, and geopolitical awareness will play pivotal roles in reshaping how businesses operate in the years to come. A paradigm shift is...
Why You Should Regularly Update your Sales Contracts
It’s common for Technology Companies to have their legal representation draft a Sales agreement when they first get started, and use that same agreement in perpetuity. That’s not the...
Vendor and Contract Management are critical for every organization
Whether it’s the data breach of your major hardware vendor, the data leak that involves hundreds or thousands of your vendors, or, more simply, you don’t have confidence in your vendor data and think you may…