Contracts are the foundation of all commerce. They define the terms, obligations, and structure for all relationships between companies and their suppliers, partners, customers, and...
Year: 2023
A comprehensive guide for businesses
Mastering contract management is an essential aspect of running a successful business. It involves the entire process of creating, executing, and monitoring contracts between parties...
Why legal and sales teams need to collaborate more on contracts
Sales teams at businesses have an incentive to close deals quickly, and they typically need assistance from in-house legal teams to finalize contracts. But Michael Ross, chief product...
Contracts Operate: We should think of Sisyphus as innovating
Traditional outsourcing can be like pushing a boulder up a hill, but can't we do better? For those of you who may not remember your high school literature assignments as much,...
Tips for managing contracts without in-house legal
The key to successful contract management is finding the right people for the job. Contracts are a fundamental part of business operations, and as a business owner, it’s crucial to...
Three ways to future-proof your supply chain
Today’s supply chain practitioners are under intense pressure to do more with less. By refocusing on network design, increased collaboration in the C-suite and enhanced supply chain...
The benefits of data-driven 3D printing for the supply chain
3D printing has come a long way from its origins as a novelty item creator to a high-performance machine for creating complex and intricate parts. Thanks to the advent of Industry 4.0...
How legal professionals should really use generative AI
OpenAI’s GPT-4 is a multimodal large language model (LLM) that has changed the game for generative AI. It’s a pretty magical new technology that already has wide-ranging...
Contract lifecycle management: the soft middle
The prime place in your contracting portfolio where value is lost and gained Many a business case for contracting transformation, CLM technology or contract management cites the...
Understanding business ecosystem maturity
Digital business models are revolutionizing how leaders conduct business. This is not just a technology industry phenomenon but one that reaches across industries. With your car...