The Do’s and Don’ts of CLM Implementation: A Comprehensive Guide

Contract Lifecycle Management (CLM) has proven to be a critical component for modern-day organizations seeking to streamline operations, reduce risk, and enhance compliance. In fact, a recent joint report by KPMG Law and the World Commerce and Contracting Association shows that digitizing the contracting process is now a priority for 76% of organizations.  

Implementing a CLM can significantly affect how efficient, collaborative, and cost-effective your business is. It can be a complex task but with proper planning, teamwork, and ongoing commitment, your organization can reap its full benefits. In this blog post, we will explore all the best practices as well as things to avoid when looking to implement a CLM. 

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Making the Switch: Navigating CLM Implementations and Legacy Contract Migration

 

In the ever-evolving landscape of legal technology, optimizing your contract management process is no longer just a competitive edge—it’s a necessity. As legal technologists, you’re well aware of the transformative power that contract lifecycle management (CLM) solutions bring to the table. They empower you to deliver data-driven insights, minimize risks, and seize new opportunities, all while streamlining the workflow for your Legal teams.

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Why Migrate? 3 Reasons to Prioritize Legacy Contract Migration

As the year comes to a close, 2023 planning is underway for many. If your organization has been waiting for the right time to invest in a Contract Lifecycle Management (CLM) solution, don’t let the daunting process of legacy contract migration slow you down!

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Cakes and Contracts: Migrating Contracts

Outside of my day job at Malbek, I have a side hobby making cakes. As I was sorting through some of my cake pictures, I realized there’s a lot of similarities between making a fancy cake and configuring software. Continue reading “Cakes and Contracts: Migrating Contracts”