Icertis
In today’s fast-paced corporate world, we often talk about productivity, innovation, and results—but rarely do we pause to talk about respect in its truest form. Respect isn’t just about being polite or professional; it’s about creating space for people to thrive as they are, beyond assumptions or appearances. For individuals living with disabilities, respect…
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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…
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…
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…
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.
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.
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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ODeX Is Leading the Charge in Digital Freight Invoicing
Global shipping continues to grapple with fragmented billing processes, often delaying cargo movement. According to McKinsey, adopting an electronic bill of lading could save $6.5 billion in direct costs and enable $40 billion in global trade. As vessels carry goods for thousands of shippers per voyage, the administrative burden of managing and reconciling invoices…
Just Thinking… about Reimagining Education for the AI Era with the Human Intelligence Movement
As artificial intelligence reshapes education, work, and daily life, educators are grappling with how to prepare students for a future where human skills—not just knowledge—will be paramount. In fact, a growing number of reports highlight that employers increasingly value collaboration, communication, and emotional intelligence over memorized content. Amid this transformation, the Human Intelligence Movement…
The Value of a Restoration Team with Healthcare Experience
In this episode of Inside Restoration & Recovery, host Martha Lewis welcomes Jason McClaren, Director of Facilities Operations at Reunion Rehabilitation Hospitals, to discuss the critical advantage of partnering with a restoration team experienced in healthcare. A former firefighter and military veteran, Jason has spent the last decade managing safety, risk, and emergency preparedness…
Educators Must Combine 1:1 Tutoring with the Science of Reading to Close the Reading Gap
Coming out of the COVID-19 pandemic, the education system faced a seismic shift. Learning loss, especially in foundational literacy, was a national crisis. In 2024, only 31% of fourth graders in the U.S. were reading proficiently, according to the National Assessment of Educational Progress (NAEP). Meanwhile, tutoring exploded as a top strategy to recover…
Latest Community Generated Content - Icertis
Business Services
Inclusive Excellence Starts with How Companies Show Respect
In today’s fast-paced corporate world, we often talk about productivity, innovation, and results—but rarely do we pause to talk about respect in its truest form. Respect isn’t just about being polite or professional; it’s about creating space for people to thrive as they are, beyond assumptions or appearances. For individuals living with disabilities, respect…
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…
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…
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…
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.
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.
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…
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.
Community Generated Content - Icertis
Contract Data That Moves The Needle For Legal
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…
What recent innovations are impacting the way we work?
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,…
Myth: CLM Belongs to Legal
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…
Role of Contracts In Managing Risk
Analyzing the role that contract management plays in risk management and discovering that CLM is your risk management, your business risk management secret weapon.
