Contract Obligations: Leveraging Automation for Improved Compliance
Many organizations are challenged with keeping track of compliance obligations contained within their contracts. Such details are often buried deep in contractual language and surfacing this information to the right business people, at the right time is not easy to do at scale.
In this 45 webinar we explored the challenges of managing contractual obligations and best practices for ensuring visibility and accountability. We also walked through examples of obligation management in a product demonstration.
Specific discussion items included: • Obligations Defined – What is meant by a contractual obligation. • Why Obligations matter – some empirical data to share • Obligation frequency, initiation and evidence – what one needs to be successful • Practical/Real World Obligation Management Demo
Using client case studies, we illustrated how contract management software has been dramatically improved compliance.
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