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June 14, 2018

How contract management plays a critical role in regulatory compliance.

How contract management plays a critical role in regulatory compliance.

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.

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June 12, 2018

Demand more from your Contract Management Software.

Demand more from your Contract Management Software.

New players are currently devising solutions designed by and for contract managers.”

— Thierry Vidal, Director of Contract Management at NAVAL GROUP

The quote above, made by Thierry Vidal, Head of the Process and Tools Commission of the French Contract Management Association, was in the association’s December newsletter. Through a series of interviews with leading contract practitioners, The Journal of Contract Management provides a look at what contract management needs your software solution should support — beyond the usual alerts, clauses, workflows and e-signatures. In short, don’t settle for merely “adequate.”

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May 22, 2018

CLM Basics: 10 things to know.

CLM Basics: 10 things to know.

Get started or get to the next level with your contract management.

When you are immersed in something day in and day out, you tend to forget that not everyone is as familiar with the topic as you are. At a gathering this weekend I met the CEO of a global financial organization that is growing and expanding rapidly with offices all over the world. The conversation got around to the inevitable, “So, what do you?” I mentioned cloud-based contract lifecycle management. “Sounds interesting,” said this CEO. What’s that?”

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April 5, 2018

Three Ways to Maximize Contract Value

Three Ways to Maximize Contract Value

Integrated contract management (CLM) turns commercial documents into leverageable assets.

In planning a webinar with PayStream Advisors, From Isolated to Integrated—Removing Silos in Contract Management, their research survey revealed a lot. Most obvious (and egregious) is the continued divide between organizations that are getting maximum value out of contracts with a CLM solution, and those that can’t get out of the file cabinet. Leveraging contracts means more than just extracting value; it’s also how to mitigate the risks they potentially represent. And that’s invaluable.

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April 22, 2016

Four Pillars of DIY Contract Management

Four Pillars of DIY Contract Management

In this day and age of business apps and mobility, technology is driven by the do-it-yourself approach or DIY.  Consumer-side technologies and personal experiences support the notion that today it has become easier to manage and execute contracts than ever before.

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June 25, 2015

Collaborative Contract Management: Working Better Together

Collaborative Contract Management: Working Better Together

It’s not news that enterprises are dealing with more contracts and more complexity than ever before. Increasing numbers of stakeholders have skin in the game and creating, executing, and managing contracts plays a crucial role in ensuring a company’s profitability. There are plenty of news stories about legal and financial risk involved when contracts are poorly managed.

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