Contract Lifecycle Management

March 29, 2020 Is Your IT Equipment Lease Missing the Lessor’s Primary Obligation?

When leasing IT equipment, the lessor (the company providing the equipment) has one main obligation. However, most leases overlook this critical aspect completely, exposing the lessee (the organization leasing the equipment) to unnecessary risk.

March 29, 2020 What’s in a Name? A Lot if You Are Leasing

If you want to lease IT equipment, you have many options with regard to potential lessors (the leasing companies). In fact, some manufacturers lease equipment directly to their customers … or do they?

March 18, 2020 SortSpoke: A Recipe for Turning Unstructured Documents Into Operational Data

SortSpoke’s novel approach to machine learning answers a longstanding problem in financial services – how to efficiently extract critical data from inbound, unstructured documents at 100% data quality.

March 16, 2020 Does COVID-19 Activate Force Majeure in Your Contracts?

Check your contracts and you will find that the vast majority contain a force majeure clause. This provision states the conditions by which a party does not have to perform under the contract if it experiences an event beyond the party’s control.

October 29, 2019 When It Comes to Contract Clauses, Equal Is Not Always Equitable

Many contract reviewers and negotiators often assume that terms and conditions applicable to both parties must be identical or mirror each other. Nothing could be further from reality.

July 19, 2019 SAP S/4HANA and HANA Licensing Series – Part III: Migrating to S/4HANA Will Cost More

Beware promises of cost savings and license optimization by acquiescing to SAP’s need for you to migrate from ECC to S/4HANA. Efficiencies in the areas of license optimization are usually offset by additional costs. Use a total cost of ownership (TCO) approach to evaluate the deal.

May 27, 2019 Mixed Reviews for Kronos Workforce Mobile App

Extending a product’s desktop functionality and user experience to a mobile platform is not always a guaranteed success. Kronos is experiencing mixed reviews for its Kronos Workforce Mobile.

April 17, 2019 Coupa Set to Acquire Exari – CLM Market Consolidation Continues

Coupa, a leading source-to-pay (S2P) provider, announces planned acquisition of Exari, a leading CLM provider, for $215M in cash as contract lifecycle management (CLM) consolidation continues.

April 16, 2019 SAP S/4HANA and HANA Licensing Series – Part II: HANA DB Hype?

HANA is SAP’s first serious entry into the database market segment. HANA is touted as being superior in performance when working with SAP applications vs. alternate database solutions, but objective benchmarks are lacking. Additionally, the adoption of S/4HANA necessitates adoption of the HANA DB as it is the only certified solution for S/4HANA ERP.

April 11, 2019 SAP S/4HANA and HANA Licensing Series – Part I: The Forced “Upgrade”

Current SAP ECC customers have a decision to make, as SAP has announced the end of ECC support effective 2025, in effect mandating a move to its next-generation ERP solution, S/4HANA.

March 15, 2019 CLM Market Continues Red Hot Growth

The global demand for contract lifecycle management (CLM) solutions is estimated to increase at a compounded annual growth rate of 14% over the next 5 years. If accurate, the total spend for CLM will more than double by 2024.