With companies’ obligations, risk - and value - defined by their agreements nowadays, contracts should be treated as their most vital business assets. That is why in-house legal departments need deeper insight into every agreement - to manage their risk profile and make better business decisions.
In this session, our experts explain:
*Why managing contracts as strategic assets drives business value
*How a contract risk and compliance (CR&C) feature - embedded in a contract lifecycle management (CLM) solution - reviews non-compliant text and assesses business risk in agreements
*What impacts a CR&C feature ultimately has on day-to-day contract management (e.g. reduction in time spent on contracts; minimization of business risk; and increase in governance and transparency