Contract Insights

Creating Contract, Request, Bid, PO, Employee, and Vendor Records is unprecedentedly streamlined with Contract Insight's latest update.  Drag and drop record initiation is now available out of the box that lets users easily import files from a variety of locations!  This tutorial serves as a step-by-step guide to aid in the initiation and configuration of records in Contract Insight’s leading source-to-contract suite.  Get started today with better usability and governance over your CLM system.

Are you aware that the GDPR (General Data Protection Regulation) was enacted by the European Union to help protect consumer information?  Yes, the GDPR is a good step forward in safeguarding the data of individuals.  In the United States, there have been comparable attempts by both the federal government and states to protect data of consumers including (but not limited to) healthcare privacy data protection (such as HIPAA), the Children’s Online Privacy Protection Act, Family Education Rights and Privacy Act (FERPA) and various similar state-enacted consumer protection laws (to name a few). 

The federal and state governments are indeed taking noteworthy steps in the interest of protecting consumer data.  However, California has notably stepped up the game with the California Consumer Privacy Act.  The California Consumer Privacy Act (CCPA for short) creates new consumer rights related to the access, management, and deletion of personal data that is collected by a business. 

When implementing contract management software, organizations often have copious amounts of contract data that needs to be searched, analyzed, and populated into their new contract management system.  Data extraction is a tedious task that can be time-consuming and overwhelming for contract management professionals.  Leaving this task to software professionals who are familiar with data extraction, and who use AI technology to streamline data extraction processes, will allow for a better, faster implementation process.  Discover five reasons why your organization should choose contract data extraction services.

Organizations that make data-driven decisions position themselves for long-term success. Their culture, tools, and abilities are centered around the common goal of collecting quality data and analyzing it quickly and accurately to make informed business decisions. When managed effectively, quality contract data translates to contract analytics, providing the insights necessary for organizations to decrease contract cycle times with sharpened control, governance, and visibility. Learn how to turn contracts into a pivotal source of business intelligence that supports strategies, tactics, and goals.