Understanding CLM Benefits The importance of a contract renewal management system is paramount for businesses of all sizes. From increasing visibility into the lifetime of a contract, to lowering costs and helping businesses stay legally safe, contract lifecycle management (CLM) software provides immense benefits for organizations looking to streamline their contract processes. What Is CLMContinue reading “Understanding CLM Benefits”
Tag Archives: CLM
Why Change Management is Key for Successful Legal Operations
Why Change Management is Key for Successful Legal Operations Legal operations professionals are increasingly becoming the driving force behind important initiatives that introduce new processes, technologies, and changes. Asking the right questions before strategizing is key to ensuring successful change management and gaining organizational-wide buy-in. To help legal ops teams better achieve their goals, weContinue reading “Why Change Management is Key for Successful Legal Operations”
Using CLM Strategy to Streamline Contract Risk Management
Using CLM Strategy to Streamline Contract Risk Management Contract risk management is an essential part of any legal department. The risk of contract-related errors and oversights can lead to expensive complications, delays, and costly litigation if it’s not handled correctly. However, managing contracts can be time-consuming. Leveraging legal technology offers the potential to streamline theContinue reading “Using CLM Strategy to Streamline Contract Risk Management”
Century Housing Corporation: A CLM Case Study
Century Housing Corporation: A CLM Case Study Founded 25 years ago, Century Housing Corporation has utilized Microsoft Word and Excel to manage their contract lifecycle. In their effort to streamline their complex procedures, Century sought out an adequate Contract Lifecycle Management System (CLM). After viewing a demonstration from JhEnsley Consulting, Century Housing implemented Agiloft CLMContinue reading “Century Housing Corporation: A CLM Case Study”
Trust AI for Legal Research, But Don’t Forget to Verify Output
Trust AI for Legal Research, But Don’t Forget to Verify Output As technology advances, more and more lawyers are utilizing AI-based tools and makerspaces to assist with various aspects of legal research. Generative AI, in particular, is becoming increasingly popular in the legal industry and is being used to assist with tasks such as legalContinue reading “Trust AI for Legal Research, But Don’t Forget to Verify Output”
Accor’s Agility CLM Case Study – From Research to Solution in Eight Weeks.
Accor’s Agility CLM Case Study – From Research to Solution in Eight Weeks. When Accor, a global hotel giant, was looking to replace their existing Contract Lifecycle Management (CLM) system, they began to conduct careful research and planning. After evaluating multiple solutions, it became apparent that Agiloft’s powerful CLM-in-a-Box solution was the perfect fit forContinue reading “Accor’s Agility CLM Case Study – From Research to Solution in Eight Weeks.”
How Automation is Improving The Business Contract Cycle
How Automation is Improving The Business Contract Cycle Contracts are the lifeblood of businesses, but managing them can be complex and time consuming. Workflow automation can make the process much easier and more productive, with two key examples being getting automatic approvals and using electronic signatures. In this article, we’ll examine the advantages of usingContinue reading “How Automation is Improving The Business Contract Cycle”
The Icertis approach to Generative AI
ExploreAI: Transforming Contract Lifecycle Management, Automation, and Intelligence The world of contract management is being revolutionized by Icertis ExploreAI. This AI-powered contract intelligence partner is set to transform Contract Lifecycle Management (CLM), automation, and intelligence, offering numerous benefits for organizations. In this article, we will explore how ExploreAI reshapes contract management, unlocking efficiency and valuableContinue reading “The Icertis approach to Generative AI”
New Case Study from Icertis
New Case Study from Icertis Icertis, the contract intelligence company, recently announced that Vaillant Group has selected Icertis Contract Intelligence (ICI) to digitally transform their contract-driven processes across enterprise operations in 60 countries. Vaillant Group is the world’s largest brand in the commercial HVAC (Heating, Ventilating, and Air Conditioning) market, expanding into more than 20Continue reading “New Case Study from Icertis”
Unlock the Power of Legal Operations with Generative A.I.
Unlock the Power of Legal Operations with Generative A.I. As the digital transformation continues to revolutionize the business world, the need for enhanced legal operations is increasing. As such, organizations of all sizes have recognized the value in integrating A.I. into their workflows. Generative A.I. has emerged as a powerful tool that can increase productivityContinue reading “Unlock the Power of Legal Operations with Generative A.I.”