by Olivier | Feb 20, 2023 | Contract Management
For too long the legal department has been seen as something of a necessary evil within an enterprise: vital in keeping the company out of court or at least on the winning side of legal battles, but unable to add much value beyond those duties. This attitude, however,...
by Olivier | Feb 13, 2023 | Contract Management
One of the most important areas of focus for companies that want to manage uncertainty, mitigate risk and eliminate obstacles to competitiveness is implementation. After all, the success of any CLM implementation will play out over time in terms of adoption and value...
by Olivier | Jan 9, 2023 | Contract Management
The current economic downturn has transformed a number of industries from sellers’ to buyers’ markets. Corrugated is the poster child. Now is the time to lock in favorable pricing. But be wise as you contract. Those who are short-sighted may suffer the consequences as...
by Olivier | Jan 2, 2023 | Contract Management
I went through the Aberdeen research library last week and found an older study on Contract Management in the Mid-Market which had some interesting findings. At the high level, Aberdeen states: Mid-sized companies tend to lag in terms of technology adoption; with...
by Olivier | Dec 26, 2022 | Contract Management
This month, I received my copy of Contract Management Magazine and noticed an article written by a couple colleagues I know in Washington DC – Raj Sharma and Jim McIntosh. They are also pretty well known in procurement circles from the Freemarkets background and their...
by Olivier | Nov 26, 2022 | Contract Management
I recently shared my initial thoughts about the news that Carillion, the 2nd largest construction company in the UK, had gone into liquidation because it could not secure the funding required to stay in operation. As a reminder, Carillion is a private sector firm that...