Contract management, or contract lifecycle management, is an activity still neglected by companies... ... but not for long, as its strategic value is becoming increasingly apparent....
Month: December 2024
AI and Automation in Contract Management – Why Your Business Needs It Now
Contract Lifecycle Management (CLM) is about more than just storing contracts; it’s a key driver of business efficiency. Integrating AI and automation into CLM can completely...
Data Protection Provisions in Contracts: Why They Matter and What to Include
In today’s digital landscape, data has become one of the most valuable assets for businesses. However, with great value comes great responsibility. Ensuring robust data protection...
The Importance of Contract Management Software
Today’s corporate environment demands that legal teams deliver value-driven, transparent, and cost-effective legal services. This compels legal departments to seek ways to improve...
ESG in 2025: Supplier Collaboration Strategies for Success
Procurement sits at the forefront of an organization’s social and sustainability efforts. This is because organizations are now judged not only on their internal practices, but also...
The Ultimate Guide to Contract Lifecycle Management (CLM)
In today's business environment, efficient contract management is no longer a luxury—it's a necessity. As organizations grapple with increasing regulatory pressures, complex business...
The Four Hidden Risks of a Fragmented CLM Deployment
Contract Lifecycle Management (CLM) solutions have emerged as an essential tool for managing contracts, reducing legal risks, and improving overall compliance. As organizations rush...
Navigating the ESG Maze: How Businesses Can Stay Compliant and Build Trust
The importance of environmental, social and governance (ESG) initiatives to supply chain business strategy has never been more pronounced. As companies face growing pressure from...
Price management within locked contracts
Fixed (locked) contracts often provide substantial benefits to both parties. For one party, they promise stability and a trusted partner. For the other, they guarantee predictable...
The 7E Model for Excellence
This blog introduces the 7E Model for Excellence — a comprehensive framework designed to help you identify, implement and sustain best practices in contract and commercial management....