As procurement climbs the ranks of strategic importance to the business, practitioners will need to begin to quickly find the data, insights, and strategies that will take them from backroom processing to strategic advisor in the boardroom — and there’s no better place to start that journey than by getting a handle on your contracts. Check out the infographic to learn how to start your journey!
The M&A Insight™ solution addresses the challenges of due diligence. It provides a more efficient, comprehensive, and cost-effective solution than the traditional manual review that often produce incomplete information. Built by Apogee on the Seal Software contract analysis platform. M&A Insight combines the best of artificial intelligence with Apogee’s extensive M&A background and subject matter expertise.
There is a significant risk that your contracts may be GDPR compliant but not GDPR incident ready.
This infographic profiles a typical Fortune 500 company’s contract discovery and analysis in preparation for GDPR. Highlighting the insights and information that you will need to ensure your contracts are both compliant and incident ready.
The General Data Protection Regulation (GDPR), passed by the EU Parliament in April 2016 and effective May 2018, is the most significant development in data privacy and protection that Europe has seen over the past twenty years. Businesses subject to the GDPR face an unprecedented level of regulatory requirements, and potential fines, both for themselves and for their third-party contractors.
Global sourcing leaders have increasingly seen their responsibilities shift from traditional vendor selection to today’s proactive management of third-party risks and compliance, both from a diligence and a contractual perspective. The same sourcing leaders have been tasked with gathering and reporting on key vendor-management metrics, many of the details of which reside in one or more contractual documents governing the vendor relationship.
Large financial institutions face increasing pressure to evaluate and disseminate in real time key data points associated with their qualified financial contracts (QFCs). SR 14-1 requires daily recording of critical information across a variety of document types and transactions, as well as across a range of financial and risk-related topics.
If you are a user of IBM’s Emptoris Contract Lifecycle Management (CLM) solution, you know what’s coming. IBM is sunsetting the Emptoris platform and all users are now encouraged to migrate to SAP’s Ariba CLM system.
Seal Software’s Version 5 has one major design objective, putting the power of Seal in the hands of business users, particularly in the areas of usability and system optimization. To increase usability and value, Seal has created a Microsoft Word “add in” so that users can interface with contracts, updating, revising and repapering them in the interface they know best – MS Word.
In January of 2015, a new mandate was published which will force major financial institutions to adopt an entirely new approach to managing their QFCs, or qualified financial contracts and related agreements. It stipulates extensive reporting on the data held within QFCs, expanding the type of information and the speed in which it is needed.
On Friday, June 24th, the clock began ticking for all organizations to determine how Brexit effects them. It is clear that for all UK and European based businesses, Brexit will have a dramatic impact on business operations. For any North American or Asian organization who does business internationally, there is a high likelihood that Brexit will impact them as well.
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