10 Keys to Delivering Data-Driven Business Insights
In today’s world of digital transformation, Corporate Counsels and In-House legal teams are increasingly realizing the need to take a “data-driven” approach with their contract management. Why? Because while contract data can be an organization’s most valuable form of business intelligence, many legal departments are unable to effectively leverage it. In addition, with the need for digital transformation accelerating around the globe, many Legal groups and scrambling to digitize and modernize their contract management to keep up with those efforts. This is where our corporate counsel’s guide to contract data management comes into play to help you learn more about data-driven approaches to CLM.
But what does it really mean to be data-driven and how do you begin the process?
In this new guide, Corporate Counsels and In-house Legal teams will learn 10 keys to successfully managing and harnessing the wealth data in their organization’s buy-side and sell-side contracts. It outlines how a modern approach to contract data management empowers in-house legal with unmatched visibility and actionable business insights to mitigate contractual risk, increase compliance, and drive profitability.
Some highlights of the guide include how to:
- Search, filter, and analyze all your contract data and language
- Organize contract data to your specific business needs and organizational use cases
- Use contract data to automatically track agreements in your process
- Never miss another contract date, renewal, or obligation
- Benchmark and track contract KPIs to optimize processes