Crawl, Walk, Run: A Roadmap to Understanding and Leveraging Contract Management Metrics

2019-06-27T18:43:24+00:00

June 27, 2019

Recently, a project manager at major pharmaceutical company was asked about what benefits her company is seeing from its enterprise-wide contract lifecycle management (CLM) platform. She responded that it was all about data. “Now, we are able to know how many contracts we are doing, and what is in those ...
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Crawl, Walk, Run: A Road Map to Understanding and Leveraging Contract Management Metrics

One of the major benefits of turning contracts from static documents to digital assets is the wealth of data it produces about contracts and the contract process.

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Crawl, Walk, Run: A Roadmap to Understanding and Leveraging Contract Management Metrics2019-06-27T18:43:24+00:00

What Previous Tech Trends in Legal Can Teach Us About Contract Management Software

2019-06-04T20:11:53+00:00

June 4, 2019

Note: This is an excerpt from a Q&A conducted with ElevateNext2020. The entire interview is posted here. During my legal and legaltech career, I’ve witnessed firsthand a number of digital revolutions impacting legal departments. In the early Aughts, it was the introduction of tech to improve the business of law. ...
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A hunger by general counsel for additional streams of data to measure value, output, or risk containment is helping to drive the next big tech revolution in legal.

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What Previous Tech Trends in Legal Can Teach Us About Contract Management Software2019-06-04T20:11:53+00:00

Exceeding Expectations: How One GC Used Contract Management Software to Become More than ‘Just a Lawyer’  

2019-06-04T20:15:54+00:00

May 29, 2019

When Colin Flannery, the worldwide General Counsel of Vertiv, joined me on stage at the 2019 Corporate Legal Operations Consortium (CLOC) Institute in Las Vegas this May, our objective was to share Vertiv's contract management journey: From having unmanaged paper contracts hidden in file cabinets located across several continents, to ...
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The legal department demonstrated that they were the ultimate collaborators and partners to the business when they reengineered and improved the entire company's contract management process.

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Exceeding Expectations: How One GC Used Contract Management Software to Become More than ‘Just a Lawyer’  2019-06-04T20:15:54+00:00

The 5 Ws of Enterprise Contract Management for Legal Ops

2019-06-04T20:17:26+00:00

May 16, 2019

For legal departments, contracts have long been the forgotten piece of a company’s digital transformation puzzle.  An attorney in the department might be asked to enter the contract process for drafting, negotiation and review, and yet have little insight into the company's body of contracts as a whole or how the ...
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When? Now! Who? You!!!

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The 5 Ws of Enterprise Contract Management for Legal Ops2019-06-04T20:17:26+00:00

Enterprise Contract Management and the ‘Business of Trust’

2019-06-18T21:25:53+00:00

March 11, 2019

Almost 20 years ago, I attended a presentation by the then-GC of General Electric. He asked the audience a question that has stayed with me. We were all asked to introduce ourselves and explain what business unit of GE we worked for. One by one we spoke about the business ...
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Enterprise Contract Management and the Business of Trust

With something as critical contracts, companies need to know they can trust their contract management solution provider.

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Enterprise Contract Management and the ‘Business of Trust’2019-06-18T21:25:53+00:00

Unsure Where to Start with Digital Transformation? Try the Foundation

2019-06-04T20:19:32+00:00

February 20, 2019

In a previous blog, I noted that the GCs I meet generally fall into three categories of tech adoption: those that have adopted very little technology, those who are in the process of implementing digital solutions, and those who are demanding the next generation of technology like AI and blockchain. ...
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Contract management is like a building: When constructing a magnificent structure, the first step is putting a foundation in place.

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Unsure Where to Start with Digital Transformation? Try the Foundation2019-06-04T20:19:32+00:00

GCs Are Getting a Seat at the Table with Digital Contracts

2019-06-04T20:19:47+00:00

February 6, 2019

I recently joined 400 people from the legal fraternity at the CLOC 2019 London Institute, to take part in a great discussion about the future of the law, lawyers, legal operations and the big role technology is playing in transforming all these. The event reminded me once again what an ...
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A massive transformation is underway and the interest in managing information with technology–and enterprise contract management solutions in particular--is very high.

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GCs Are Getting a Seat at the Table with Digital Contracts2019-06-04T20:19:47+00:00

Putting Data to Work: How Contracts Can Be an Ace-in-the-Hole for Successful Legal Defense

2019-06-04T20:23:27+00:00

October 19, 2018

In my previous blogs, I’ve addressed increasingly advanced applications for contract management software: First, we explored how a General Counsel could have used contract data to lower insurance premiums for their company by being able to search across its entire body of contracts. Next, we looked at a more complex ...
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How Contracts Can Help Legal Defense | Icertis

Learn how contracts can be an ace-in-the-hole for successful legal defense. Icertis explains how general counsel can benefit here!

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Putting Data to Work: How Contracts Can Be an Ace-in-the-Hole for Successful Legal Defense2019-06-04T20:23:27+00:00

One Overlooked Obligation Cost His Company Millions. And It Could Have Been Avoided.

2019-06-04T20:27:17+00:00

September 3, 2018

In my previous post, I related a story from a colleague who missed significant costs savings because of his inability to search his contracts, and how a central repository of digital contracts could have solved the problem. Today, I want to build on my last post and discuss how risks ...
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Protect Yourself From Missed Contract Obligations | Icertis

Learn how contract management systems are used to protect companies from financial and reputational damage from contract obligations.

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One Overlooked Obligation Cost His Company Millions. And It Could Have Been Avoided.2019-06-04T20:27:17+00:00

How the Modern GC Is Transforming Their Business Impact

2019-06-04T20:27:38+00:00

August 20, 2018

Managing risk and reducing cost for an enterprise are goals at the forefront of every General Counsel’s mind these days. GCs are playing an increasingly strategic role in the C-suite and need to think proactively about how they can reduce their company’s exposure to reputational, financial, and legal risk while ...
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How General Counsel is Transforming Their Business Impact

Managing risk & reducing cost for an enterprise are goals at the forefront of every general counsel’s mind these days. GC plays a strategic role in the C-suite.

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How the Modern GC Is Transforming Their Business Impact2019-06-04T20:27:38+00:00

Why Legal Departments Are Being Asked to Approve Contracts Faster

2019-06-04T20:32:30+00:00

June 18, 2018

The accelerating pace of business has created many new opportunities for today’s enterprises, and with it new and heightened risks for them to navigate. To help them succeed in such an environment, companies are relying on their general counsel to play an increasingly strategic role in determining a path to ...
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Why Legal Department Contracts Need Faster Approval

Legal teams are turning to enterprise contract software to manage their contracting processes. Companies must accelerate to keep up with changes. Download our ebook.

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Why Legal Departments Are Being Asked to Approve Contracts Faster2019-06-04T20:32:30+00:00

Big CLOC Turnout Shows Growing Interest in Digital Contracts

2019-06-04T20:35:03+00:00

April 30, 2018

More than 2,000 attendees and 750 organizations turned out to the third annual Corporate Legal Operations Consortium (CLOC) US Institute, held last week in Las Vegas. Attendance at the conference, which brings together the world’s top legal operations professionals, has quadrupled since the inaugural event was held in 2016. This ...
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CLOC Conference | Growing Interest in Digital Contracts | Icertis

Learn more on The Corporate Legal Operations Consortium conference in Las Vegas and how legal teams are getting serious about digital transformation.

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Big CLOC Turnout Shows Growing Interest in Digital Contracts2019-06-04T20:35:03+00:00

Is Your Contract Management Process Giving Your Legal Team a Headache?

2019-06-04T20:43:08+00:00

December 11, 2017

According to PricewaterhouseCoopers, the average Fortune 2000 company now holds 20,000-40,000 active contracts. Global supply chains, multi-jurisdictional businesses, and changing regulations have also made contract management more complex. Unfortunately for legal teams, contract management processes have not kept pace with marketplace changes. Manual contract management is still a common practice, ...
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Is Your Contract Management Process A Legal Nightmare?

Poor contract management can cause costly problems for your legal team. The Icertis Contract Management platform gives insight & relief from legal team burdens.

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Is Your Contract Management Process Giving Your Legal Team a Headache?2019-06-04T20:43:08+00:00

How Well Does Your Current Contract Management System Handle Third-Party Paper?

2019-06-04T20:45:32+00:00

September 4, 2017

Capturing the potential value in a third-party contract is an on-going challenge – especially for a global enterprise. Can your contract management system manage a third-party contract as well as the ones native to your organization? A recent study by PwC highlights the impact of not capturing the full value ...
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Can Your Current CLM System Handle Third-Party Paper?

Capturing value from third-party contracts can be hard for any company. Icertis has developed a powerful platform to simplify contract management issues.

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How Well Does Your Current Contract Management System Handle Third-Party Paper?2019-06-04T20:45:32+00:00

What’s next for the Legal Industry? 3 Key Take-Aways from LegalTech

2019-04-02T19:52:29+00:00

February 6, 2017

More than 10,000 lawyers attended ALM’s Legaltech event. Part of the Legalweek Experience, the conference brought legal experts together with technology leaders in three days of lively discussions. The consensus? Driven by pressure to cut costs and improve efficiencies, legal departments across all industries are experiencing transformational changes. What role ...
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The Future Of The Legal Industry: LegalTech Key Takeaways

The LegalTech conference attracted thousands of law professionals and revealed key legal insights. Read more below!

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What’s next for the Legal Industry? 3 Key Take-Aways from LegalTech2019-04-02T19:52:29+00:00

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