SR TekBox

23/12/2022

As the year comes to a close, we hope you were able to eliminate contracting inefficiencies and make the most of your business relationships, if not, don't worry, we have you covered! In our year-in-review, founder Amit Garg shares insights on the progress we made in helping businesses reduce risk, increase efficiency, and better navigate the complexities of modern business environment with smartContract CLM.

2022 has been a year of unprecedented challenges, but it has also been a year of resilience, collaboration, and progress. We are proud of our contribution to the CLM journey of many exceptional companies and look forward to continuing to support businesses as we move into the new year.

IT Solution smartContract -

16/12/2022

By 2023, 50% of CLM implementations will fail to deliver expected benefits, Gartner had predicted back in 2019. And as we inch closer to 2023, the frustration with CLM does seem to be increasing even though the technology itself is rapidly evolving.

Lack of CLM readiness is a major factor contributing to this frustration. However, achieving the perfect state of readiness can be a time-consuming process, leaving businesses vulnerable to the risks they face right now due to inefficient contracting.

Therefore, we recently unveiled an innovative methodology, Impact First, to enable clients to quickly solve the most critical contracting challenges while building the foundation to align contracting processes with broader business objectives. This is the second article of a three-part series that explains how this methodology helps you efficiently build digital maturity to get the most out of smartContract CLM. Don't let unorganized processes hold you back - learn more about Impact First and see how it can streamline your contracting.

15 Dec 2022 No Comments Practical CLM 2023: Building digital maturity By 2023, 50% of CLM implementations will fail to deliver expected benefits, Gartner had predicted back in 2019. And as we inch closer to 2023, the frustration with CLM does seem to be increasing even though the technology itself i...

28/09/2022

We are excited to announce a strategic partnership with Cygnet Infotech to leverage each company’s technology to deliver an end-to-end contracting experience with deeper technological integration.

smartContract CLM users can look forward to more automation, increased efficiencies and an enhanced user experience for their digital signatures through Cygnature by Cygnet Infotech -– all while staying within smartContract.

smartContract CLM has announced a strategic partnership with Cygnet Infotech to enhance its ability with Cygnet's digital signing tool.

02/09/2022

Which approach to digital transformation should you choose in today’s business environment laden with uncertainties and unique challenges? Should you go to a single vendor for all your transformation needs? Or only best-of-breed vendors can be nimble enough to support your requirements as they evolve?

In our latest blog, our founder Amit Garg and renowned procurement leader Velkumar Bahulayan explore the changing dynamics of technology selection in today’s business environment.

By Amit Garg and Velkumar Bahulayan The latest procurement technology landscape report by Procurement Leaders shows that 59% of organizations could choose the best-of-breed approach for digital transformation of their procurement function by 2022. A system is called “best-of-breed” when it’s a...

08/08/2022

World Commerce & Contracting has republished this piece by our founder Amit Garg and Nancy Nelson from ABiz Corporation, and it is even more relevant today.

The net-zero discussion continues to heat up as stakeholders read between the lines of corporate pledges. It makes up the “E” of ESG, which is increasingly coming at legal’s desk. So how can lawyers support the net-zero ambitions of their companies?

Reproduced with permission. Bloomberg Law, Copyright 2022 by The Bureau of National Affairs, Inc. (800-372-1033)  http://www.bloombergindustry.com  For further use, please contact permissions...

26/05/2022

Contracts are bespoke documents that can break down the humongous puzzle of achieving Net-Zero into enforceable pieces.

As our Founder Amit Garg puts it in his latest piece in Bloomberg Law with Nancy Nelson from ABiz Corporation, “Contracts are powerful tools with the ability to create and drive opportunity. They can be incredibly useful to implement ESG strategies, goals, and targets without undermining the commercial goals.”

Read the full article now on LinkedIn here - https://www.linkedin.com/showcase/smartcontract./posts/?feedView=all
Bloomberg Law subscribers can also read here - https://lnkd.in/dVHqeuwW

Log in to your Bloomberg Law account for the latest legal tech combined with workflow tools, primary and secondary sources, news, and business intelligence.

05/05/2022

As complexity of contracts is increasing with the evolving business environment, fulfilling obligations often require coordination between multiple departments.

But companies often struggle to establish accountability and ownership for these complex obligations, especially in long-running contracts. Failure to comply with these obligations can lead to penalties, complications in business relationships, and missed revenue opportunities.

smartContract can help you effectively manage your obligations and track performance by showing extensive yet digestible insights into your contracts with a click of a button.

✅ Structured obligation extraction, classification, owner assignment
✅ Effective management with reminders, notification, escalations
✅ Compliance monitoring with the collection of performance data
✅ Contracted vs Performed analysis at the click of a button

Want to explore more? Click here: www.smartcontractCLM.com or contact us for a demo - [email protected], [email protected]

31/03/2022

In-house legal teams have a lot on their plate. But a significant portion of that lot isn’t something you should be spending your valuable legal resources on.

Distributed teams are a reality of modern corporate structures and physical signature requirements are only holding you back. Adopt smartContract CLM with integrated e-signing and a completely electronic contract ex*****on workflow.

✅ Minimize the impact of disruptions with secure digital signatures
✅ Instantly obtain signatures after the negotiations are completed
✅ Eliminate the risk of version mix-ups with a digital end-to-end workflow
✅ Inbuilt integration with the digital signature provider of your choice

Want to explore more? Click here: www.smartcontractCLM.com
or contact us for a demo - [email protected], [email protected]

14/01/2022

Legal departments recognize that technology can help unlock significant value in their operations. But despite this recognition, the adoption of LegalTech has been rather slow.

One of the reasons behind this is that many legal professionals are confused about how to align technology with their current and future needs. And where to actually start?

In our upcoming webinar on January 18, 2022, we will answer questions like these and more with experts who have been there. Save your spot now!

Digital transformation has become critical with the mandate of C-suites and because of its importance for corporate viability in the changing business environment. It is not a new concept to business operations and has been used across disciplines and industries over the past few decades. However, t...

24/12/2021

Wishing you and your family health, happiness, peace and prosperity this holiday season. Merry Christmas! 🎄

15/12/2021

In-house legal teams have a lot on their plate. But a significant portion of that lot isn’t something you should be spending your expensive legal resources on.

Distributed teams are a reality of modern corporate structures and physical signature requirements are only holding you back. Adopt smartContract CLM with integrated e-signing and a completely electronic contract ex*****on workflow.

✅ Minimize the impact of disruptions with secure digital signatures
✅ Instantly obtain signatures after the negotiations are completed
✅ Eliminate the risk of version mix-ups with a digital end-to-end workflow
✅ Inbuilt integration with the digital signature provider of your choice

Want to explore more? Click here: www.smartcontractCLM.com or contact us for a demo - [email protected], [email protected]

02/12/2021

Despite the decades-long love affair of business leaders with metrics and data, one crucial aspect of business still remains relatively less measured – contracts, the lifeblood of business. Our Director of Product Management, Yogendra Malav, explores how this is impacting business performance in his latest blog.

Contracting with data: The need to measure By Yogendra Malav, Director – Product Management, smartContract How effective would a law school be in cultivating great …