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?
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 […]
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 […]
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 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.