While procurement and finance are critical contributors to company performance, human relationships between these key functions can become...
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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...
It’s Easy to Let Personality and Emotion Get in the Way of Getting the Best Deal
Negotiating skills remain a critical capability for procurement and sourcing managers – an area that seems...
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...
CAPS, in association with recruiting company Korn Ferry, recently released results for its annual study, based on an executive survey of chief procurement officer compensation levels. Total...
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,...
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...
By implementing the principles of this guide, you’ll be able to increase the savings in procurement that affect the whole organization. You'll improve the ability to communicate those savings,...