The C2 Blog

An Industry Game Changer: Exari’s Universal Contract Data Model for the Win

Even after eight years since the financial crisis, we are still seeing firms continue to recover and take critical steps to put strategies in place for improvement. Firms are focusing on reducing their costs, while increasing their ability to respond to the changing regulations around ensuring financial health. In particular, our largest global financial institutions […]

Why your Contract Data is Putting your Company at Risk

I spent this week with our talented team in London and talking with leaders in both financial services and insurance. We’ve recently delivered a new Contract Model that enables companies to more effectively manage risk. Most of the leaders I spoke with expressed deep concerns about the risk embedded in their contracts- one top ten […]

Out With The Old

Are you still drafting thousands of contracts manually?  In Word? Or storing multiple versions of paper contracts in a filing cabinet? Well, you’re not alone. Exari recently surveyed 92 Corporate Counsel and compliance professionals about their habits and challenges for contract creation, storage and legal technology. More than 75% reported that they were still creating […]

Why Everyone Should Stress-Test (Not Just Big Banks)

“You’re wanted upstairs.  Now.  As in, immediately.” There’s nothing quite like these words to kick off a relaxing day at the office.  You head up to the executive suite wondering what fire-drill, or firing offense, awaits. As you walk in, the Wall Street Journal flies across the room and lands at your feet. “Our biggest […]

DocGen 7.0 So much more than better documents

Today we announced DocGen 7.0, a major release in the history of this market-leading product. For those of you who are new to Exari, we were the first XML-based document assembly product on the market nearly 15 years ago. Today, our DocGen engine powers thousands of documents and contracts for hundreds of thousands of users […]

Bleeding Edge

Contract management has been around for years; as I’ve written before, most systems are document based. The future- and the bleeding edge- is data-based. Why? Because contracts are becoming more and more operational. Global trade has expanded the complexity and variability of these contracts to the point where they can no longer be filed away. […]

Don’t MacGyver Your Contracts

We all appreciate clever solutions to problems. For those of us old enough to remember, MacGyver was an action-adventure television series whose hero, secret agent MacGyver, solved complex problems via his inventive use of common items like his Swiss Army knife and good old duct tape. These solutions led to the saying “to MacGyver,” which, according […]

It’s Not About Words. It’s About Risk

Every day we talk to companies about their enterprise contract management systems, and every day I hear substantially the same thing. Help us automate the drafting of our contracts and we’ll be all set. Wrong. Contract Management is not about business process efficiency. Sure, you can be more efficient by using a template system, but […]

What’s Your ROR?

Lots of people talk about Return on Investment, ROI. They also say that the bigger the risk, the bigger the reward. So what’s your Return on Risk? Most people view risk as a bad thing, but calculated risk can be very rewarding. Without big risks, there would be no great leaps forward. I recently worked […]

Contract Certainty: It’s What We Do

Ask most 7-year-olds what they want to be when they grow up and you’ll get the usual mix of astronauts, firemen, doctors, policemen and nurses. You won’t get too many that proclaim a desire to work with contracts, let alone in the Contract Lifecycle Management space. At Exari we’re obsessed with contract certainty. While that often […]