2023 in review: Genie is out of the bottle
The preceding year witnessed a confluence of remarkable advancements alongside continued uncertainty. On the one hand, the explosive growth of generative AI accelerated digital innovation
smartContract CLM launches generative AI features with a focus on tangible results and quick wins
Today, smartContract CLM unveiled its groundbreaking generative AI features, designed to deliver tangible and quick wins for businesses. With a comprehensive set of use cases covering the entire contract lifecycle, smartContract CLM empowers clients to choose the functionalities that best align with their unique needs, enabling them to define and prioritize the most relevant generative […]
CLM excellence or long-standing processes: Why not both?
Many clients often wonder whether it is necessary to re-engineer their existing processes before implementing cutting-edge Contract Lifecycle Management (CLM) technologies.
Impact First: Navigating the complexities of modern CLM
The evolution of CLM technology has been fast-paced, to say the very least. But for many users, it seems to be getting worse. Why is that? And what should you do about it?
Heading into 2023 with a beacon of hope
By Amit Garg As we approach the end of the year, I wanted to take a moment to express our gratitude and wish you and yours a very happy holiday season. Even though 2022 is supposed to be marked by physical reunions, our world often felt more divided than ever. But even in a time characterized […]
Uncovering ROI
Let’s face it … no networking event for in-house legal professionals in 2022 has gone by without discussions on the topic of contract lifecycle management, or CLM. You might also have found yourself drawn to the enthusiastic feedback of a successful General Counsel. She implemented a CLM in late 2019 and it’s paid off, not only delivering […]
Building digital maturity
By 2023, 50% of CLM implementations will fail to deliver expected benefits, Gartner had predicted back in 2019. And as we inch closer to 2023, the frustration with CLM does seem to be increasing even though the technology itself is evolving at a lightning-fast pace. One key reason for the growing CLM pain is companies […]
Breaking the change management impasse
Impressed by the flashy demos and marketing teasers of a CLM vendor, the General Counsel of a well-known conglomerate tried to impose the CLM on the company by a mandate. The expectation was that the tool will completely revolutionize their contracting process. But instead, chaos ensued. Why? Employees weren’t ready to change the processes and […]
smartContract CLM partners with Cygnet Infotech
smartContract CLM has announced a strategic partnership with Cygnet Infotech to further enhance its ability to deliver an end-to-end contracting experience by offering seamless integration with Cygnet’s digital signing tool Cygnature.
Best-of-breed vs single suite: The debate heats up
The latest procurement technology landscape report by Procurement Leaders shows that 59% of organizations could choose the best-of-breed approach for digital transformation of their procurement function by 2022.