Knowing When You Need a CLM and How to Find the Right One

More and more businesses have started to make CLM tools part of their contract management. But what are the signs that your business should start looking for a CLM? And how do you know how to pick out the right tool from the hundreds currently available on the market? Read on to find out! 10 […]

Contract Efficiency: Enhancing Workflow for Better Results

Did you know that your organization could be losing up to 9% of its total annual revenue due to poor contract management? Now more than ever, it’s important for companies from all industries to take a hard look at their contract processes and find ways to bring efficiency back to contract management. One of the […]

8 Benefits of Implementing a CLM Tool for Procurement

Every day, organizations rely on their procurement teams to get them the supplies they need to get the job done. The procurement department should be responsible for enabling other teams, but what happens when procurement processes become an overly complex, time-consuming mess? Data gathered by McKinsey & Company indicates that organizations waste up to 4% […]

9 Tips for Buying a CLM Software for Now and the Future

With contracts forming the backbone of business operations, organizations need robust tools to manage every aspect of the contract lifecycle effectively. However, choosing the right CLM software is not a decision to be taken lightly. It requires careful consideration of both current needs and future scalability. In this guide, we’ll discuss essential tips for purchasing […]

The Future of AI and Its Impact on Legal Professionals’ Efficiency

contract heroes with damien riehl, AI, SALI, legal tech

In one of our first ever live-streamed episodes of Contract Heroes, we had the opportunity to chat with none other than Damien Riehl. Though he started out as a musician and teacher, Damien eventually decided to switch from breaking up fights in the classroom to breaking them up in the courtroom instead. He is currently […]

6 Lessons to Use in Your CLM Implementation

Whether you’re getting ready for an upcoming CLM implementation or still in the earliest stages of building your CLM business case, these 6 lessons will help you and your organization facilitate a successful implementation and make the most of your selected software. 1. Define Implementation Failure You’ve no doubt heard about how important it is […]

Interconnected Contracting: How to Combine Your CLM and CRM

Contracts are more than just a source of revenue for an organization. They are also a linking point for a number of internal departments, especially the commercial and legal teams. The only problem is that commercial and legal professionals often have different priorities when it comes to contracting.  The commercial team focuses on generating high-earning […]

AI Augmentations for Contract Professionals

Businesses in industries across the board are facing a new challenge: find ways to utilize AI or risk getting left behind. The legal industry is no exception. Some contract professionals looking to innovate their contract processes may view AI as an exciting new tool while others remain skeptical about what it can accomplish and whether […]

The State of AI in the 2024 Legal Industry

Over the course of the past year, Generative AI (GenAI) has quickly evolved from a legal tech buzzword to a transformative force in the legal profession. These trends of rapid development will continue to surge forth throughout 2024, with use cases expanding beyond the automation of simple tasks to encompass fully developed business and contracting […]

The Key to Successful Contract Management in the Energy Sector with Sharyn County

Join us at the WorldCC American Summit in Dallas for another installment of Contract Heroes! This episode features Sharyn County, the General Manager of Procurement, Property, and Fleet at Jemena and Zinfra. Jemena and Zinfra focus on implementing biogas solutions, greenifying through sustainability, and broadening the reach of the energy industry in Australia. Sharyn brought […]