Category: Legacy contracts

CEO Blog 6: How do I prepare my legacy documents for ease of migration into a CLM?

December 6, 2022 Posted by

The larger the company, the more the contracts – that is a given. The larger the company, the more divisions. The larger the company, the more these divisions work in silos. All companies run on contracts – buy-side and sell-side. When moving to a new enterprise or contract management lifecycle system no one wants to […]

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CEO Blog 4: Can AI software handle it all?

November 24, 2022 Posted by

This is the fourth of a ten-part series on contract migration and related data extraction, which will help your legal teams gain a better understanding of the information included in all of your contracts. This is the most asked, if not, assumed (as yes) question! And a very pertinent one. AI Software is a necessary condition […]

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CEO Blog 2: What attributes do I extract and ingest into a CLM during the legacy contract migration process?

November 10, 2022 Posted by

The first part of the series covered, what is legacy contract migration and why do I need to do it? Here we will discuss the next/second question that is asked very often too, what attributes do I extract and ingest into a CLM during the legacy contract migration process into a CLM? There is no […]

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CEO Blog 1: What is legacy contract migration?

October 26, 2022 Posted by

To kick off the series, let us first start with the simplest question – What is legacy contract migration and why do I need to do it? You are looking to install a Contract Lifecycle Management (CLM) system to get a handle on your contracts, what good is having a great CLM without any data? […]

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What is a legacy contract and approach to manage

August 18, 2022 Posted by

Upgrading your data extraction technology is tough and comes with lots of questions. If you have a CLM system or are preparing to buy one, have you analyzed the importance of the information hidden in your legacy contracts lying in cabinets or shared drives for your new CLM system? In this guide, we’ll cover some […]

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Why and how to migrate your legacy contracts

January 17, 2019 Posted by
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 and managed. Those are the reasons why migration is so important for every organization and is considered one of the best practices in contract management. Contracts carry an enormous amount [...] Read More →

Challenges in migrating legacy agreements into a CLM system

September 19, 2018 Posted by

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 process costly, complicated, and time-consuming. So what is the best answer? “Join Brightleaf and IACCM’s joint webinar on Overcoming the challenge of legacy agreements”  Click here to register Date: September 20, […]

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Achieving unmatched quality results from your contracts

December 6, 2016 Posted by

Transforming critical contracts from unstructured text including legacy paper contracts demands quality. This means the process of conversion should never be shared between vendors – one entity should take responsibility to ensure a quality outcome. Brightleaf Solutions does exactly this. Brightleaf controls the entire process using its own resources so you get Six Sigma (99.99%) […]

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