13 Dec 24

Contract Management for Procurement: Elevate Your Strategy

Learn how effective contract management enhances procurement, reduces risks, and boosts efficiency. Explore strategies, and best practices.

10 Dec 24

Education Contract Management Software: Detailed Guide

Schools and universities are no longer just focused on education—they now work like large organizations with many responsibilities. One of their biggest challenges is managing contracts, such as vendor agreements, licensing deals, research partnerships, and service contracts. These contracts often have strict deadlines, legal rules, and detailed terms, making them…

21 Dec 23

Legal and Procurement: Strategies for Successful Collaboration

Legal and procurement are two distinct fields that are integral to the smooth functioning of any organization. Legal refers to the practices and procedures that ensure compliance with laws and regulations. Procurement, on the other hand, deals with the acquisition of goods and services required by an organization to carry…

17 Mar 23

Procurement Teams Boost Efficiency with AI CLM Tools

Procurement is a critical function within any organization, responsible for the purchasing of goods and services from suppliers. To meet the evolving needs of organizations and to remain competitive, procurement must adopt new and innovative tools and technologies like Smart CLM to streamline processes, improve performance, and achieve organizational goals. …

27 Aug 20

CFOs are in search of CLM to handle COVID19

As businesses are going through the biggest pandemic Covid19 of the century, CFOs are becoming the most important asset in the company to support resilience and relevance. The challenges CFOs are facing include managing cash flows, fixed costs, price discount requests coming from customers, and delivery challenges from vendors. All…