With the Digital Operational Resilience Act (DORA) compliance deadline behind us, financial institutions now face the ongoing task of maintaining compliance and adapting to regulatory shifts. The focus has shifted from meeting the initial deadline to managing contracts and vendor relationships in a way that ensures sustained adherence to DORA’s evolving requirements. Ongoing management and […]

As procurement evolves into a strategic function, leaders face growing expectations to drive innovation, foster growth, and enhance organizational resilience. A recent Deloitte survey underscores this shift, highlighting procurement’s emerging role as a cornerstone of business performance. Procurement contracts can also play a crucial role in fulfilling these expectations. These documents are powerful tools for […]

What if your sales contracts could do more than mark the closure of deals? Imagine if contract data could reveal inefficiencies in your sales process, highlight your most profitable customer segments, and even predict market trends. Sales contracts hold a wealth of data that can power sales analysis to transform the way businesses operate. This […]

By Amit Garg 2024 was a reminder of innovation’s power to redefine limits. Much like SpaceX’s historic milestone of catching a rocket mid-air, a feat that once seemed impossible, 2024 was a reminder of how the impossible can become the new standard. This was also the year when conversations around AI fundamentally shifted, evolving from […]

When sales teams rush to close deals at the end-of-quarter, legal teams often face immense pressure. They must create, review, and approve a sudden inflow of contracts while managing frequent updates and urgent approval requests from sales. This huge workload can lead to miscommunication, delays, and frustration for both teams. The key challenge is maintaining […]

Contract data provides sales teams with valuable insights that help identify inefficiencies in the sales cycle. By tracking key metrics like contract cycle times and approval bottlenecks, teams can pinpoint where delays occur and take proactive steps to address them. This data-driven approach allows sales teams to optimise their workflows, ensuring contracts move through the […]

Contracts often include auto-renewal clauses that ensure continuity, helping businesses avoid service disruptions and administrative hassles. While these clauses can streamline operations and save time, they pose financial and operational risks if not adequately controlled. Without proper oversight, organizations may miss renewal deadlines, leading to unnecessary costs, unproductive terms, or missed opportunities for better vendor […]

In today’s dynamic business environment, contracts must move beyond static documents to actively support operations. Yet, when enterprise systems can’t effectively talk to each other, contracts often sit idle, disconnected from the workflows they’re meant to drive. By connecting CLM systems with tools like ERP, CRM, procurement, and finance platforms, businesses can ensure that contractual […]

Self-service contracts transform how businesses handle agreements by reducing delays, streamlining processes, and empowering departments with greater autonomy. By automating routine contracts such as NDAs, vendor agreements, and more, businesses can save valuable time, improve compliance, and maintain consistency across agreements. In this guide, we’ll break down how self-service contract management works, explore its benefits, […]

By integrating Salesforce and CLM, your sales reps can spend less time on administrative tasks and focus more on building relationships and closing deals. Contracts are the cornerstone of successful sales, defining terms that secure revenue and build trust. Yet, for many sales teams, creating and managing contracts can be a tedious and error-prone process. […]