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5 useful tips for a successful CLM implementation

1. Begin with process When introducing a new system or new technology it can be difficult to get everyone on board, but user buy in and uptake is vital to ensure the system runs smoothly and without gaps. People need to be given clear instructions on what will be expected of them and how to use the system. The existing system needs to be mapped to identify areas of inefficiency or inaccuracy and to pinpoint areas for optimisation. There is no point in digitisin...

7 tips for effective vendor contract management

Originally published on agiloft.com Hardly any business runs on its own. Relationships with third-party vendors enable a huge portion of an organisation’s operation, and the health of these relationships are directly connected to revenue. Within this system, vendor contracts can play just as big a role as client contracts. How organisations manage procurement of goods and services varies widely. However, a vendor contract management system that centralises documents and streamlines work flows ...

Rise of the shecession

The term shecession was coined by the president and CEO of the Institute for Women’s Policy Research in the US, C Nicole Mason, who is concerned about the millions of women who have lost their jobs or left the workforce in the last year. “Many women, women of colour, have been unemployed for 28 weeks or more. So the longer women stay out of the workforce the harder it is for them to get a job or return to the workforce. That will definitely have a long-term impact on their long-term economic...

What is contract analysis and why it matters

Originally published on agiloft.com How to analyse a contract Everyone wants more data and analytics to help drive smarter decisions. To achieve this end, many companies have become increasingly creative to get the information that they are after. Still, one of the most data-rich resources in your organization may be overlooked: contracts. As the bedrock of business, contracts are a goldmine of information. Capturing every transaction, customer, vendor and all potential partnerships—contra...

Enhanced user interface and use of AI in the Agiloft Spring Release 2021

The specific enhancements you will see with the Spring Release 2021 include: Search, view and navigate faster with the new, intuitive Agiloft interface.Pinpoint the results you need more quickly with new search.Streamline your workflow with our MS Office integrations.We now bring the full Adobe sign e-signature experience into the Agiloft platform.Identify more clauses and critical facts – faster and more accurately – with the new and improved AI toolkit. Top Navigation Bar Put all you...

SaaSam a finalist in the Waipa Networks Business Awards

The Waipa Networks Business Awards are open to businesses in the Waipa region and aim to encourage and support businesses in their quest for success through sustainability, innovation, leadership, and excellence.  Categories include Excellence in Small, Medium and Large Business, Community Contribution, Innovation and Adaptation, Digital Strategy and E-commerce, and Contribution to Tourism, along with the overarching Supreme Award. The winners will be announced at the awards dinner hosted a...

Agiloft wins at the BIG Innovation Awards

Agiloft, the leading provider of contract lifecycle management systems, was named a winner in the 2021 Business Intelligence Group (BIG) Innovation Awards for their AI Core. These awards recognise businesses and people bringing innovative ideas to life that change the way we experience the world. "2020 was a year of major developments in our AI Core, and we are very pleased to gain recognition with this Innovation Award," said Agiloft CTO, Colin Earl. "With the increasing demand for contract li...

No-code and the future of AI-powered contracting

Written by Colin Earl, Agiloft CTO. Originally published on vmblog.com.  Last year, the pandemic transformed almost every industry. The global impact of COVID-19 forced enterprises to quickly adapt and digitally transform traditional, in-person processes. This is especially true in the case of legal operations. Legal teams now must rely on software like contract lifecycle management (CLM) to update contracts, extract metadata for contract development, as well as review and track documents t...

Tech predictions for 2021

2020 was a gamechanger in terms of technological advancements and uptake, as the physical world shut down due to COVID-19 and the pace and use of the digital world accelerated, becoming everything we needed. Technology was how we connected with loved ones, how we ordered food, how we worked, how we shopped, how we got our news, information and entertainment. This year, technology will continue to evolve rapidly as many people have shifted permanently (or at least increasingly) to this way of liv...

Agiloft appoints Andy Wishart chief product officer to accelerate product innovation

Article originally published on agiloft.com.Agiloft, the global standard in contract and commerce lifecycle management, today announced the appointment of Andy Wishart as chief product officer (CPO). Wishart will provide leadership and direction to further accelerate innovation in Agiloft's no-code contract lifecycle management (CLM) platform.Wishart brings over 20 years of experience building innovative legal technology solutions. Most recently, he worked as vice president of product management...

Why Agiloft’s contracts AI is a gamechanger for legal

Article originally published on the Agiloft website.  In a recent Artificial Lawyer article, Agiloft founder and CTO Colin Earl spoke about how the platform’s contracts AI streamlines contract and document review and what this means for legal teams and contract managers: “With the Agiloft Fall 2020 Release we have improved the training model to account for the most common use cases. This significantly reduces the volume of bespoke contracts needed and therefore reduces the cost of data ...

Supporting women in business through the pandemic and beyond

According to Statistics NZ, in the June quarter with the first lot of job losses due to Covid-19, 10,000 of the 11,000 jobs lost belonged to women – that is almost 91%. "It's not just women, it's women over the age of 50, Māori and Pasifika women, and we need to take those lenses into our specific Government policy and support to make sure that people are supported during this time,” said Women’s Minister, Julie Ann Genter. Female-dominated sectors in New Zealand including hospitality, re...

Advances in AI engine, usability and integrations in new Agiloft release

Article originally published in Enterprise Talk. Microsoft Word Add-In, Dell Boomi Connector, and Tableau among new updates providing major increase in usability and integration of Agiloft. Agiloft, the global standard in contract and commerce lifecycle management, today announced its latest product release with expanded AI functionalities and significant new capabilities to integrate contract processes with enterprise applications and ecosystems. “The latest Agiloft release is about making li...

Selling in the digital age

A recent survey by Microsoft in the Asia Pacific region, found that almost two-thirds of businesses were fast-tracking the take-up of digital services and automation to enhance their online presence in this increasingly digital world.Marketing company ZEALD reports that getting online is more important than ever – especially when certain e-commerce trends can drive business sales.They reported that selling on different social channels is more prominent, with Instagram, Facebook and YouTube gro...

The IT cost fallacy

We keep clothes in the wardrobe that we never wear and don’t particularly like, simply because they were expensive, whereas we will easily throw away or donate an item of clothing that was much cheaper. By keeping the expensive items people feel that the money they spent hasn’t been wasted, but here lies the fallacy – the money is already gone, so there is no use in worrying about it. This holds true for what we call the IT cost fallacy: companies keep using an existing business system th...

Agiloft named value and customer leader

Article originally published in Industry Today. Agiloft, the global standard in contract and commerce lifecycle management, today announced it has once again ranked as a Value and Customer Leader by industry analyst firm Spend Matters in its Fall 2020 SolutionMap for Contract Lifecycle Management (CLM).  Using a powerful and fully transparent comparison methodology, SolutionMap has rendered Spend Matters the definitive technology benchmark for procurement and supply chain professi...

Appointment of new Agiloft CEO coincides with $45 million investment

Agiloft welcomed Eric Laughlin as their new CEO in August. Eric has a legal background and most recently served as global leader of legal managed services for Ernst & Young LLP. Agiloft founder and previous CEO, Colin Earl, will move into the role of chief technology officer. The search for a new CEO took Colin over a year, but he says it was worth the wait to get the perfect replacement: “Eric not only has a track record of success, growing and leading large global organizations, he has the v...

Agiloft Summit going virtual this year

Due to COVID-19, the annual Agiloft Summit is unable to go ahead this year – instead, Agiloft will be hosting a virtual partner summit on the 8th of October, exclusive to Agiloft independent reseller partners and designed to facilitate ‘deeper dives’ and small group interactions.  SaaSam is excited to be involved in this event, with our CEO and founder, Heather McEwen, chairing the summit committee. The conference sessions feature both business and technical topics, including networki...

Workflow automation can ensure compliance during COVID-19

Article originally published in the Digital Journal, featuring Agiloft CEO, Colin Earl Many businesses are now more vulnerable to any mistakes that can affect compliance and legal processes. For this reason, many are turning to workflow automation to mitigate these impacts created by the current pandemic. Workflow automation can assist organizations seeking to remain compliant during the pandemic; this goal can be delivered through digital solutions and sound planning. As to how workflow automat...

E-commerce more important than ever

During the last few months of social and economic change, businesses have had to be savvy, innovative and adapt to ensure that they survive the uncertain times ahead. Businesses have been hit hard, particularly those with physical, customer facing storefronts, so now more than ever before, e-commerce is vital. Having an online presence that overcomes non-essential business closure, nervous shoppers and a clientele that is stuck at home is a game changer. During Alert Level Four New Zealand reta...

Agiloft magic leads for Gartner

Agiloft has been identified as a Leader in Gartner’s Magic Quadrant for Contract Lifecycle Management and SaaSam as a top 3 implementation partner across EMEA. High levels of customer satisfaction, fast time-to-value ratios and the clear connection between functionality and customer needs have gained Agiloft this recognition. Alongside which, SaaSam is delighted to implement, configure and support our customers to secure maximum ROI from this multi-faceted technology....

Work that works for employees

It has been great to see a bigger focus on health and well being at work recently, with more and more companies stepping up the help and support they offer staff.In New Zealand the Health Action Trust has emphasised that workplaces have a duty to look after employees and, in turn, their employees' families and communities. A bad day at work that is left unresolved can lead to stress, exhaustion and extreme tiredness, which affects a person's personal life as well as their work life. On...

SaaSam Featuring at the 2019 Agiloft Summit

SaaSam is excited to be attending the 2019 Agiloft Summit at the beautiful Mandalay Bay Hotel in Las Vegas from the 22nd - 23rd October.As a Platinum Agiloft Partner we will be hosting discussions about SaaSam and mini demos of what SaaSam can do to create the perfect Agiloft system for clients. The entire Agiloft ecosystem will be present, including customers, partners and staff, to discuss emerging industry trends and how customers innovate with Agiloft to overcome challeng...

Four Ways AI is Changing Contract Management for Good

Sourced from www.agiloft.com One quick look at tech news makes one thing clear: artificial intelligence is the topic of the year - maybe the topic of the decade. And for good reason, as Gartner predicts the business value created by AI will reach $3.9T in 2022. That’s ‘T’ as in trillion. The business world is investing heavily in AI and machine learning technology so they will be able to keep pace with their machine-enabled competitors. AI is poised to fundamentally change m...

It's easy being green

No action is too small when it comes to environmental sustainability and at SaaSam we've been taking little steps to reduce our environmental footprint.We've recently stopped printing business cards, instead using digital business card software. Not only does it save on paper, ink and transport, but it's very hard to forget your business cards when they are always stored on your phone and can be sent to anyone electronically. As a tech company there are always plenty of retired compute...