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Solutions for Procurement Teams

Redefine procurement operations for success.

Tedious tasks, such as sourcing, contract creation, and vendor management, can consume valuable time and resources, hampering strategic Procurement initiatives. From tracking key contract milestones to centralizing contract documentation, Malbek CLM provides timely insights that reduce contract leakage and maximize contract value.

Strategic CLM Solutions for Procurement Teams

Procurement Use Cases

….Put the party back in 3rd party paper

Productivity at your fingertips.

Negotiate better deals.

Our clients have achieved remarkable results. Reducing cycle times by 70% or more and gaining complete visibility of their agreements, Malbek provides procurement teams with the tools to become strategic value creators. Negotiate better deals and advance your career in the process.

Deepen vendor and supplier relationships.

Procurement often wrestles with managing external party paper, non-preferred terms, poor contract visibility, and lack of automation. Take ownership of your vendor and supplier relationships to get better pricing, favorable contract terms, and enhanced collaboration. Armed with CLM, you can ensure compliance with regulatory requirements, internal policies, and industry standards.

Benefits of contract lifecycle management

Malbek CLM for Procurement

Optimize vendor management and monitor performance.

Complete visibility into your agreements, at every turn.

Complete visibility into your agreements, at every turn.

Mitigate risks during the procurement lifecycle.

Empower your negotiations with favorable terms and cost reductions.

Elevate Procurement’s role within your business.

Latest blog posts

Dig a little deeper

what does the application of contract of adhesion mean

Colin Levy

November 26, 2024

Contract of Adhesion – What is an Adhesion Contract & When to Use It

What is a Contract of Adhesion? A contract of adhesion contract, colloquially known as a take it or leave it contract, is a legally binding agreement where one party sets the terms and conditions, and...

malbek

April 18, 2024

Malbek Launches ‘Contract Lifecycle Management (CLM) For Dummies’ Book

Published by Wiley, a must-read guide through the CLM landscape with ease and clarity. Princeton, N.J., April 18, 2024 (GLOBE Newswire) — Malbek, a leading provider of contract lifecycle management ...

Contract AI - Generative AI in Contract Management

Jonnie Castorino

November 19, 2024

Contract AI – The Dos and Don’ts of Using AI in Legal Workflows

In the last two years, artificial intelligence (AI) has revolutionized various aspects of contract management, becoming increasingly adopted in legal workflows. AI-powered contract lifecycle managemen...

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