In this solo episode, Mary O’Carroll shares her insights on Contract Lifecycle Management (CLM). She explores:
- The Challenges of Contracts: Overview of common issues in contract processes and the potential for improvement.
- Ownership of CLM: Advocates for General Counsel to lead CLM processes, highlighting the strategic value of contracts data.
- Evolution of CLM Technology: From basic database systems to modern, comprehensive CLM solutions that facilitate collaboration and integration.
- Selecting a CLM Vendor: Tips on navigating the CLM market, the role of AI in CLM, and strategies for adoption.
- Implementation Strategies: Advice on aligning stakeholders, scoping requirements, and launching a successful CLM project.
- The Future of Contract Management: The impact of AI on CLM, improving processes, and unlocking business insights.
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