Why do you track “Term” from your contracts?
If your organization has hundreds and thousands of contracts flooded around you, I am sure you would miss tracking at least one key obligation out
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Automation is changing “nice to have” into “must have” requirement
In the last few years, all industries have been benefiting from an increase in automation, from robotics to software and Artificial Intelligence (AI) solutions to
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Automated Contract Abstraction and Management Benefits
In today’s fast-paced business environment, legal and compliance teams are under increasing pressure to manage contracts efficiently, ensure compliance, and mitigate risk — all while
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3 V’s of Big Data
The extremely large amount of complex data set which is difficult to process by traditional systems is called big data. This data is being produced
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Challenges in migrating legacy agreements into a CLM system
To gain increased and immediate benefit from contract management systems, it is important to extract and load metadata from legacy agreements. But many find that
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Can software alone be the answer for your contract abstraction needs?
The old way of capturing essential data attributes from legal documents has been transcended, thanks to technology. we hear about Artificial Intelligence (AI), we hear
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Track and manage your contracts
Contracts within an organization run like blood in a human body, they dictate every aspect of key business strategies and relationships. Poor contract management can
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Do you check every element, or does “Review” mean spot-checking for you?
Contract review means critically analyzing the information present in a contract. This information when migrated into a CLM can actually cause a lot of trouble
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