Spend Management a strategic business activity
Spend management, is a process of comprehensively managing, optimizing, and controlling the money spent by organizations. It is the contemporary way of managing supplier relationships ...
Read More →
A New Era for Contract Management – Automated Contract Abstraction
The ultimate goal of automating contract abstraction is to lessen the business and reputational risks of corporations by ensuring they comply with the terms and ...
Read More →
Data Mining – why it is a buzz word
Data mining is the process of restructuring a large database in order to generate meaningful information. It encompasses discovering patterns and trends in the data ...
Read More →
Contract Lifecycle Management System (CLM) – a significant step ahead of a generic DMS
Contract Lifecycle Management Systems – are the systems that serve specifically to house all of an organization’s contracts. These systems, being specifically designed to manage ...
Read More →
Why and how to migrate your legacy contracts
Legacy contracts can be a treasure trove of valuable information for a company. They contain hundreds of important, actionable obligations which need to be tracked ...
Read More →
Regulation a \”scary word\” which can lead to penalties
Regulation: An Authoritative Framework for Guiding Actions Regulation serves as the official framework established by authorities, encompassing a set of rules and trends. Generally, it ...
Read More →
Brexit: Impact on your contractual obligations
Is Brexit really happening? The UK government says ‘Yes’ and it is scheduled to leave at 11 pm UK time on Friday, 29 March 2019. Well, ...
Read More →
Are you getting the accuracy you need from your contract extraction services?
To realize the benefits which exist after the contract has been signed, it’s necessary to not only understand the terms and provisions contained in your ...
Read More →