Companies Should Take Enterprise-wide Approach to Contract Management: Gartner

2019-01-31T07:43:43+00:00

January 22, 2019

Gartner has released its latest market report for contract lifecycle management (CLM), reporting that contract management has become a core process for enterprises--similar to ERP and CRM. In light of this, Gartner reports companies are abandoning piecemeal, department-by-department approaches to contract management in favor of an enterprise-wide solution that unifies ...
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Companies Should Take Enterprise-wide Approach to Contract Management: Gartner

“CLM solutions are evolving from operational record-keeping systems used for legal auditing purposes into enterprise-level core systems for addressing business risks, costs and the pursuit of revenue maximization.”

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Companies Should Take Enterprise-wide Approach to Contract Management: Gartner2019-01-31T07:43:43+00:00

How Airbus and Daimler Are Transforming Sourcing with Contract Management Software

2019-01-04T14:10:01+00:00

November 1, 2018

Airbus and Daimler are both global enterprises that manufacture iconic products—with massive portfolios of global suppliers to match. They are also both completely rethinking how they manage their relationships with these suppliers by putting contracts at the center of the sourcing process. Last week, Airbus announced that it has chosen ...
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How Airbus and Daimler Are Transforming Sourcing with Contract Management Software

Daimler and Airbus are at the forefront of a paradigm shift in sourcing, in which buyers use digital contracts housed on a cloud-based contract management platform as the core of their sourcing lifecycle processes, from RFxs to performance analytics.

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How Airbus and Daimler Are Transforming Sourcing with Contract Management Software2019-01-04T14:10:01+00:00

The Future of Procurement: Contract Management and AI

2019-01-04T14:10:08+00:00

October 31, 2018

It was a real pleasure to be able to contribute to the ProcureCon benchmarking report on ‘Driving Procurement Transformation’ this year. The report surveyed 100 Chief Procurement Officers (CPOs) from across Europe to find out more about the challenges they face, and the innovative solutions being brought to the table. ...
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The Future of Procurement: Contract Management and AI

Contract management, as part of modern digital transformation, has quickly become a must-have procurement technology, driven by a growing recognition that contracts form the foundation of all commercial relationships.

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The Future of Procurement: Contract Management and AI2019-01-04T14:10:08+00:00

Why Contracts Are Key to Executing Your Sourcing Category Strategy

2018-11-30T16:46:38+00:00

October 9, 2018

For procurement organizations, “category management” is considered a best practice for sourcing. Simply put, category management is the process by which companies segment all the goods and services they need to procure into discrete categories that reflect the specific common characteristics of the products they’re buying. For example, the procurement ...
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Why Contracts Are Key to Executing Your Sourcing Category Strategy

To improve compliance with category strategies, leading enterprises are putting contracts at the center of the process.

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Why Contracts Are Key to Executing Your Sourcing Category Strategy2018-11-30T16:46:38+00:00

Bringing Contracts to the Center of Sourcing: A Paradigm Shift for Procurement Professionals

2018-11-06T07:18:29+00:00

August 24, 2018

Today’s procurement organizations are being asked to move faster than ever to source the materials needed by their companies. It’s a difficult position to be in. Under the current sourcing paradigm, the multi-step process of securing the vendor is time-consuming, and even then can expose a company to risk and ...
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Bringing Contracts to the Center of Sourcing: A Paradigm Shift for Procurement Professionals

Today’s procurement organizations are being asked to move faster than ever to source the materials needed by their companies. Save millions in leakage and accelerate the buying process.

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Bringing Contracts to the Center of Sourcing: A Paradigm Shift for Procurement Professionals2018-11-06T07:18:29+00:00

Reducing Supply Chain Risk with Better Contract Management

2018-11-06T07:18:03+00:00

July 15, 2018

Preventing reputational and brand damage caused by poor supplier practices should be first on the executive agenda, according to Pierre-Francois Thaler, co-founder and co-CEO of EcoVadis. “Our world is more connected and social than ever. Today’s environment puts a laser focus on not just your own actions, but on the ...
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Reducing Supply Chain Risks with Better Contract Management

Enterprise contract management software provides supply chain visibility by tracking what a firm’s worldwide obligations, entitlements and business relationships truly are.

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Reducing Supply Chain Risk with Better Contract Management2018-11-06T07:18:03+00:00

Spend Matters Names Icertis a Key ‘Provider to Know,’ Showing Importance of Contract Management for Procurement

2018-11-06T16:50:18+00:00

May 7, 2018

Spend Matters, a global content community dedicated to examining procurement and supply chain issues, has named Icertis as a 2018 Provider to Know—one of just 50 solution providers to earn the honor. The Spend Matters 50 Providers to Know/Watch lists recognize both the best-in-class providers and exciting innovators in the ...
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Spend Matters Names Icertis a Key ‘Provider to Know,’ Showing Importance of Contract Management

Spend Matters’ recognition of Icertis underscores the increased focus procurement organizations are putting on contract management.

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Spend Matters Names Icertis a Key ‘Provider to Know,’ Showing Importance of Contract Management for Procurement2018-11-06T16:50:18+00:00

Gain Unprecedented Control of Supply Chains with Blockchain, AI and Enterprise Contract Management

2019-01-04T14:11:44+00:00

April 9, 2018

As global supply chains become more complex, ensuring that contractual commitments around sustainability and ethical practices are met at each stage of the supply chain has become extremely challenging. Along with this increased supply-chain complexity, the economic and reputational cost of a lapse in compliance is increasing as well. Companies ...
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Gain Unprecedented Control of Supply Chains with Blockchain, Contract Management Software

Icertis is working with customers on solutions that will allow them to use a consortium blockchain to create an immutable ledger of transactions.

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Gain Unprecedented Control of Supply Chains with Blockchain, AI and Enterprise Contract Management2019-01-04T14:11:44+00:00

Sourcing Organizations Are Gaining Strategic Advantage With Enterprise Contract Management Software

2018-11-06T16:50:50+00:00

February 28, 2018

Sourcing and procurement departments  play a strategic role in controlling spending and managing risks. They must think creatively to increase savings and draw insights from suppliers in an increasingly complex supply chain. Strategic sourcing processes that improve compliance, reduce risk and strengthen supplier collaboration result in increased sourcing performance and ...
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Gaining an Edge in Sourcing With Contract Management Software

To increase sourcing performance, organizations must optimize processes across business functions including buyers, general counsel and suppliers.

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Sourcing Organizations Are Gaining Strategic Advantage With Enterprise Contract Management Software2018-11-06T16:50:50+00:00

Your Contract Management Software Is Really a Supplier Relationship Building Tool

2018-11-06T16:51:52+00:00

July 14, 2017

When you hear the word ‘contracts’, what do you think of? Closing deals? Generating revenue? Committing to obligations? Managing risk? Contracts are involved in nearly every aspect of operating a global business, and can nurture or degrade critical supplier relationships. Supplier relationships require clear communication and trust – but they ...
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Your Contract Management Software Is Really a Supplier Relationship Building Tool

Supplier relationships require clear communication and trust but they still need to be monitored and measured. A contract management system can be a big help in this regard.

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Your Contract Management Software Is Really a Supplier Relationship Building Tool2018-11-06T16:51:52+00:00

Supply Chain Risk Near All-Time High

2018-11-06T16:52:06+00:00

March 27, 2017

Is Your Contract Management System Helping You to Get Ready? According to the Chartered Institute of Procurement & Supply’s Risk Index, supply chain risk is near an all-time high. The index continued its worsening trend in Q4 according to the report’s analysts. Forces of deglobalisation are threatening supply chains in ...
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Supply Chain Risk Near All-Time High

Forces of de-globalisation are threatening supply chains in advanced countries - Is Your Contract Management System Helping You to Get Ready?

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Supply Chain Risk Near All-Time High2018-11-06T16:52:06+00:00

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