Businesses need to be more responsive to regulatory changes; an agile CLM approach can help.
You’ve heard of HIPAA, Dodd-Frank, GDPR and Sarbanes-Oxley, but what about HITECH, Stark Law, CECL, IFRS 17, TIR57? There is no shortage of acronyms in the regulatory world, and no shortage of regulations whether you’re in financial services, healthcare / life sciences, pharmaceuticals or many other industries. One of the biggest issues with regulatory compliance is that the rules are always changing — and the changes seem to be accelerating. Which means your contract management needs to be even more agile and responsive.