In The ROI of Contracting Excellence 2023 report, WorldCC and Deloitte revealed that businesses are experiencing an 8.6% erosion in contract value. This is positive news against the...
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Contract & Commerical Management
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...
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...
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…
What Is AI Contract Management? Exploring A Digital Future
The term “contract management” refers to the process of managing contracts, including monitoring deadlines, setting contract terms, and tracking a contract post-signature. Legal and...
How an AI-powered legal assistant can help with contracting
ContractPodAi’s new assistant can answer questions in a human-like manner and suggest contract redlines, the company’s GC says. Jerry Levine, an experienced general counsel and legal...
Managing Contracts Good First Step Under EU’s New Sustainability Directive
The EU’s updated Corporate Sustainability Reporting Directive (CSRD) went into effect this year, and the first wave of companies covered by the order will be due to report in their...