BP is using AI to transform the supplier contracting process. The new solution allows legal, procurement and suppliers to efficiently collaborate by providing them AI powered templates that...
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Business units continually put pressure on procurement to accelerate the RFP and contracting process. What if you could eliminate the painful redlining back and forth during contract analysis,...
Direct and indirect procurement can cost an enterprise billions of dollars in annual spend. Poor contractual compliance, ambiguous SOWs, duplicity of resources, poor specifications of services and...
In this session, learn from experts in Contracting and AI on how to leverage AI to streamline the contracting process and mitigate contract risk. CLM is in its very early stages of adopting AI,...
Navistar, a global leader in commercial auto-manufacturing with over 100 years of experience, set out to modernize their procurement operations at the beginning of 2020. Navistar enlisted OPTIS to...
The rise of organizations using contingent workers presents a set of potential challenges and risks if their engagement is not handled properly. Large organizations with decentralized hiring...
The contract lifecycle management (CLM) search journey can feel overwhelming at its outset. After all, contracting technology remains a relatively nascent industry, which can make it difficult to...
If you’ve considered gearing up for a procurement transformation, you’ve probably been told you need data – lots of data – and that you need to understand the data to draw up a winning playbook...
A high-level description: A company's vision and strategy for the future must include digital transformation to mature and stay ahead of the curve. This paper will explore, in the context of the...
As Digital Transformation initiatives become more popular and common in procurement, more emphasis is put on the question of cost/benefits by the leaders. While traditionally procurement teams...