Community Generated Content – Icertis

Myth: CLM Is Difficult

The belief that Contract Lifecycle Management (CLM) is too difficult to implement is unfounded, much like claiming that managing risk and compliance or handling finance is too complex. Businesses are inherently complex due to various factors such as global connections, innovation, and digitalization. Waiting for contracts to become simpler is not a viable…

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Community Generated Content - Icertis
Crawl Walk Run

For legal department operations professionals embarking on their journey of collecting contract data and improving business through contract data, it’s important to approach it with a crawl-walk-run mentality. In the crawl phase, focus on establishing a baseline landscape of contracting activity by analyzing contract volumes, types of templates used, business units involved, and…

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Community Generated Content - Icertis
The Intersection of Data and Technology

Technology serves as a producer of data, and data plays a crucial role in driving change, whether it’s operational or behavioral. To achieve operational improvements, it’s essential to assess how technology adoption is enhancing efficiency. On the other hand, driving behavioral change requires leveraging data to demonstrate the value derived from implementing effective…

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Community Generated Content - Icertis
Technology Investments From Businesses

The introduction of new technologies with the potential to transform work processes and business transactions always garners significant investment and interest from various stakeholders, including CIOs, CTOs, sales teams, procurement departments, and the overall business.

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Community Generated Content - Icertis
AI’s Role In Contract Analysis and Intent Realization

Contract management has evolved beyond the mere creation of contracts. It now encompasses activities such as contract discovery and the integration of contract data with enterprise data.

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Community Generated Content - Icertis
How does AI affect business objectives around revenue and risk?

Implementing an effective Contract Lifecycle Management (CLM) system has a significant impact on risk and compliance management. It allows organizations to proactively identify risks that may have gone unnoticed and ensures that contractual obligations are being met from a compliance perspective. With CLM, businesses can assess the fulfillment of contract intent, conduct appropriate…

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Community Generated Content - Icertis
How should legal teams approach compliance considerations and ethics with AI?

The advancement in technology, such as AI-powered databases and creative generation models like ChatGPT and DALL·E, opens up exciting possibilities for personalization and customization. These capabilities allow individuals and enterprises to generate content or create artwork in a specific style or according to their unique preferences.

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Trade Education
Empowering the Next Generation Through Trade Education: Building Confidence, Career Paths, and Bright Futures
January 6, 2025

The U.S. is facing a critical shortage of skilled tradespeople, a challenge exacerbated by limited early exposure to the trades in schools. With projections showing a steady decline in the availability of qualified workers to support infrastructure and construction, programs like those led by Evin Jarrett are stepping in to bridge the gap. His…

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global perspectives on ADAS
Global Perspectives on ADAS and AD: LeddarTech’s Regional Insights
January 3, 2025

In this episode of the LeddarTech Lab Podcast, industry experts Clive Szeto, Hannah Osborn, and Alberto Santiago share a global perspective on the trends shaping ADAS and autonomous driving. Szeto highlights China’s strong interest in self-driving technology, Osborn discusses growing U.S. enthusiasm and the need for better system understanding, while Santiago emphasizes Europe’s focus on…

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the future of mobility
The Future of Mobility: Insights from LeddarTech’s CTO
January 3, 2025

On the LeddarTech Lab Podcast, CTO Pierre Olivier offers an in-depth look at the future of ADAS and autonomous driving. He explores the rise in global consumer acceptance of automation, the pivotal role of AI in driving performance and innovation, and the industry’s shift toward software-defined vehicles. Olivier also highlights LeddarTech’s unique low-level sensor fusion…

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front-view innovation
LeddarTech’s Front-View Innovation: Safer Roads Ahead
January 3, 2025

In this episode of the LeddarTech Lab Podcast, experts spotlight the groundbreaking LeddarVision Front-View (LVFE) system designed to transform Advanced Driver Assistance Systems (ADAS). Solutions Marketing Manager Abhishek Singh shares how LVFE addresses key adoption barriers by boosting performance and cutting costs. The system ensures compliance with global safety regulations, including Euro NCAP 2025, enhancing…

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Other Community Generated Content - Icertis
Contract Data That Moves The Needle For Legal
June 6, 2023

The survey focuses on contract data and highlights three key areas that legal department ops professionals find most valuable and effective. Firstly, tracking contract value is important for demonstrating the value generated and supported by the legal department in revenue-generating activities. Secondly, monitoring turnaround times helps identify bottlenecks and improve efficiency in the…

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What recent innovations are impacting the way we work?
June 6, 2023

The availability of data analytics has empowered legal departments to report and utilize legal and contract statistics for making informed decisions. The ability to generate reports on negotiated clauses, contract templates, and contract life cycle times is highly valuable. By analyzing this data, legal departments can gain insights, identify targets, and establish key performance indicators,…

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Myth: CLM Belongs to Legal
June 6, 2023

While contracts are legal documents, their impact extends beyond the legal department. Contract transformation should involve other departments because contracts define relationships that belong to the entire business. Whether it’s purchasing, selling, or hiring, contractual obligations affect multiple departments. For example, security and risk teams have a vested interest in contract negotiations due to…

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Role of Contracts In Managing Risk
June 6, 2023

Analyzing the role that contract management plays in risk management and discovering that CLM is your risk management, your business risk management secret weapon.

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CLM: Get Intelligent With Contracting
June 6, 2023

Contract lifecycle management (CLM) should be viewed as a circular process with multiple stages. Forrester has identified six stages of the CLM process. While creating a digital repository is an important initial step, it is just the beginning and organizations need to go beyond that to fully leverage CLM. The goal is to gain intelligence…

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What Is Your Why?
June 6, 2023

Contracts have often been overlooked as a valuable document throughout the entire transaction life cycle, despite being time-consuming and tedious. Recognizing the importance of leveraging contracts to track agreed-upon elements from purchase to payment and maintaining strong partnerships with their partners. By gaining insights into what was agreed upon and how it was…

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