Webinar Recap: How Do I Better Track My Data?

In this webinar recap, procurement experts Marcheta Gillespie and Jeff Haag delve into the intricacies of Contract Lifecycle Management (CLM). They will discuss the importance of establishing a robust CLM program, sharing best practices, and exploring the key pain points that often signal the need for a more structured approach. Furthermore, they will provide valuable insights into how technology can enhance and streamline CLM processes, ultimately leading to improved efficiencies and compliance.

Key Points:

• Implementing a CLM system is crucial in order to manage contracts efficiently and effectively. This includes having proper processes, people, and technology in place.
• It's important to align CLM with the strategic goals and priorities of the organization. This can involve reducing the cycle time for executing contracts, eliminating duplicative contracts, and ensuring compliance with relevant laws and contract terms.
• Automation in contract management is essential for efficiency and accuracy.