In today’s business world, effective contract management is all about increasing productivity and staying ahead of your deadlines and risks. Your company’s success is important to us, which is why our entire team of subject matter experts, ranging from lawyers to solution architects to engineers, are working with customers to constantly improve the Exari platform and deliver the latest and greatest in contract management technology.
As the leading provider of contract lifecycle management software, we are proud to have been named one of Spend Matters “50 Providers to Know” yet again! This list acknowledges the latest technologies and service offerings that are transforming businesses with improved methods for productivity, increased efficiency and visibility.
With just over a year left of IBM Emptoris accessibility, users are in the home stretch of finding an alternative system. At Exari, we understand your pain points, and we’ve got the experts to help ease your migration. I sat down with one of Exari’s Emptoris experts, Kristin Jacobsen, to discuss the ins-and-outs of contract lifecycle management migration.
With IBM Emptoris announcing the termination of their contract management system, users are in need of an immediate replacement for their previous solution, and Exari has stepped in to fill this evident void. Exari alleviates concerns with our inclusive and comparable alternative for seamless migration from Emptoris.
We know that you have to spend money to make money, but that shouldn’t mean you spend an excessive amount of cash to secure and draft your contracts. Through streamlining your data extraction and managing your agreements, your company will reduce the time and money spent to protect your assets. With an estimated $270 billion spent on compliance-related costs each year, operating intelligently is as important as ever.
Exari was recently named a leader in contract lifecycle management in “The Forrester Wave™: Contract Lifecycle Management For All Contracts, Q1 2019” report, issued by Forrester Research.
As Jack’s company grew, he ran into a problem. While his revenue increased, so too did his list of customers, partners and vendors. Soon, he found himself having to manage hundreds of different entities and thousands of pieces of information, including addresses, various ID numbers, relationships to different entities, and internal notes. Organizing and maintaining this vast web of details became overwhelming. Not only that, it also resulted in contracting delays with customers and, ultimately, lost revenue.
Everything’s fine in moderation, they say. A single cookie won’t ruin your diet, but the whole box could undo countless treadmill miles. Unfortunately, not everything’s as simple as taking a single Oreo and putting the rest away. Moderation is not always an option, especially our professional lives where workloads grow to meet the demands of a global economy.
Have you ever been caught in a less than ideal situation due to lack of foresight? When it comes to business agreements, you face potential risks at every turn and many are affected by reactive error mitigation. Contracts are at the core of every business, outlining and enforcing your agreements - but if not carefully managed, can be the very cause of detriment. There are two staggering factors that contribute to contract risk: globalization and technology. Examples of these are differing laws, cultural expectations, political climate, customer expectations, and the risk of potential data breaches/loss of IP to name a few.
We are 4 months away from the UK’s withdrawal from the European Union and no closer to understanding what this will mean, either to the people of the UK or to the business community. How will borders, and, therefore trading be affected? What are the implications on our tax and legal obligations? What contracts will need to be novated to entities based in the remaining EU states? Will it even happen by March?