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
Latest blog posts
Dig a little deeper
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 ...
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...