Executive Summary This article explores how innovative contract management has become a critical tool for top product managers. By leveraging legal frameworks, product managers can...
Year: 2024
Future of contract management: latest statistics and trends
The digital transformation sweeping across industries is not only reshaping how businesses operate but also revolutionizing the way contracts are created, managed, and executed. As...
CLM trends 2024: future insights for contract management
In the professional services industry, companies often grapple with a common set of challenges that affect their growth and operational efficiency. These issues transcend geographical...
Effective supplier relationship management is crucial
Effective supplier relationship management is crucial for ensuring the smooth functioning of any business that relies on suppliers for its inputs.The key factors for successful...
How source-to-contract management reduces risk
In the complex global marketplace, characterised by ongoing geopolitical tensions, establishing a robust supply chain is not merely a business advantage but essential. For example,...
Key Insights from the Gartner® 2024 CLM Capabilities Report
Report of the CLM landscape The 2024 Gartner Magic Quadrant for CLM was recently published, offering a comprehensive overview of the CLM market and spotlighting key players and trends...
Sustainable practices in contract management
To effectively integrate sustainable business practices into contract management, organizations can follow these steps: 1. Conduct a sustainability assessment Identify key...
The importance of contract management and legislative support
In today’s fast-paced, highly competitive business environment, effective contract management has become an indispensable part of organisational success. Whether you’re a...
Thriving in an AI-Free World: Skills for Contract Managers
Imagine a world where AI suddenly vanished overnight. What skills would contract managers need to thrive? In an AI-less landscape, the emphasis would shift back to the core human...
Transforming contract management in banking with generative AI
Contract management is an area that poses a significant challenge in banking, financial institutions and enterprise operations. Many times, manual contract processing becomes a...