Today’s increasingly complex regulatory environment mean contracts are growing more necessary and specialized every year for every size company. Contract Lifecycle Management (CLM) technology is defining a new context for how to leverage those contract assets.
While Contract Lifecycle Management (CLM) technology has been in play for two decades, it currently bears little resemblance to its past incarnations. The challenges of modern business have fundamentally changed what it means to manage contracts in terms of process and technology.
This next-generation contract management is taking full advantage of — and to a large degree is driven by — emerging technologies such as AI, machine learning and advanced analytics, and their increasing acceptance by organizations. Now that enterprise contracts are completely online and managed in a consistent, centralized platform (or should be), CLM is ready for yet another leap forward.
In this whitepaper, CLM 2020: The Third Decade of Contract Management Technology Begins, you’ll learn how this new era will be one where leveraging the improvements in product maturity will truly push the discipline and benefits of contract management to the forefront of investments in corporate competitive advantage. Topics include:
- Factors increasing the emphasis on contract management as a form of knowledge management
- Getting out of contract silos and the benefits of CLM across organizational functions
- Where do we go from here – a roadmap through the third decade of CLM
Contracts are the lifeblood of business, commerce, economies and organizational relationships; Download CLM 2020: The Third Decade of Contract Management Technology Begins to learn how you should be managing them.