Read this blog post to understand how advanced contract lifecycle management solutions solve all your important contracting challenges
In this blog post we explore the contract management challenges financial services face and how AI-powered CLM can turn these challenges into opportunities.
Large companies deal in contracts in thousands every year. Managing these contracts become a task without customizable, centralized dashboards. These make monitoring and viewing contracts at all times easy and convenient.
Sophisticated contract management solutions can help cultivate a COE approach through streamlined processes, automated workflows and KPIs and metrics.
The BFSI industry is governed by complex federal and state laws which are constantly updating and changing. This white paper deals with banking compliance, latest trends in BFSI and the role of advanced CLM in making BFSI contracts risk-free and fully compliant.
Contracts play a significant role in fostering business relationships between two parties. These written documents are legally binding proofs of business transactions between organizations and hold all key information, clauses and regulations that both parties need to abide by. This makes contracts the center of any professional relationship and managing them effectively becomes vital for a company’s financial and reputational standing.
With sales operations teams being in constant pressure to win and close new deals faster, contract management acts as a key to increase their efficiency, sign-off contracts quickly, and onboard customers without delay.
Best practices and proven steps to follow in order to ensure successful adoption of contract lifecycle management in legal operations
This blog discusses the top 5 skills every legal ops professional whould possess to run all functions of legal department including contracts smoothly.
CLOC Institute, a premier gathering of legal operations professionals, leaders and decision makers will be held at Bellagio, Las Vegas from 14th to 16th May 2019.
Banking laws apart from being strict are also continuously changing and updating, posing a huge challenge to the banks and financial institutions to keep up. With changing regulations, it becomes necessary to update each of the contracts to reflect the new regulations and stay compliant.
Ultria Webinar featuring Forrester:
Artificial Intelligence in Contract Management – Fact, NOT Fiction!
Andrew Bartels (VP Research, Forrester) and Arthur Raguette (Executive Vice President, Ultria) will discuss the myths, realities and practical best practices of inserting Artificial Intelligence in the Contract Management Lifecycle.
With digitization and AI in contract management becoming mainstream, companies need to catch up on advanced CLM to stay relevant and ahead of competition