Using AI in CLM: A Quick Guide
The rapid advancements in artificial intelligence (AI) have brought about significant transformations across various industries. One area where AI has made a profound impact is Contract Lifecycle Management (CLM) software. By leveraging AI technologies, CLM software has revolutionized contract management processes, empowering organizations to streamline operations, enhance decision-making, and maximize efficiency. In this article, we […]
How to Use Contract Technology to Streamline Legal Processes
Contracts help establish and maintain a company’s most important relationships with partners, vendors, and customers. As organizations have gradually come to realize the potential for well-managed contracts to add value outside of just the legal department, contract management has rapidly become a part of daily business practices. At its core, contract management involves creating, negotiating, […]
How Procurement Benefits from CLM Tools
Procurement is a critical function in every organization. The procurement team handles sourcing goods and services, negotiating contracts, managing supplier relationships, and much more. These duties are invaluable to the success of any business because they ensure that every department has what it needs to get the job done. However, procurement processes are often complex […]
3 strategies to ensure contract compliance
Since contract compliance is essential for business prevalence, your processes can’t rely on obsolete and inefficient methods. Now, more than ever, this part of CLM has to be your number one priority to survive the apparent economic downturn. Therefore, Koho software could be your best bet to ensure proper agreement management. Best practices to guarantee […]
How a contract management system can save you a lot of money
Many companies around the world try to optimize the way they carry out their processes. This is possible due to the new technology, because business can implement software to make their day to day easier. That’s why contract management systems have become an important tool in the digital transformation of many industries. No matter the […]
Empowering Legal through CLM automation
Technology has become an essential part of every business, by offering tools and platforms to improve both, internal and external processes. In legal departments, for instance, CLM automation software has become a very important resource to optimize processes and save time. We are living in a digital transformation era and companies need to adapt and […]
