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Optimal flexibility and synergies for an enterprise to most effectively address CLM and GRC   Avoid unnecessary IT complexity and diversity Typically, independent departments within an enterprise will launch initiatives to address their immediate isolated...

As with most business applications it is generally accepted that the degree in which the system is adopted in an organization is directly related to how easy and intuitive it is to use. Certainly, there are exceptions to this: complex line of business systems which...

There is an accelerating trend for organizations to contract with external providers to run important functions of their business operations. For example, Apple has always outsourced manufacturing and many companies outsource IT operations to the likes of Capgemini...

For many years global and domestic organizations with complex corporate structures have had tools for managing the typical aspect of their legal entities. These include Board minutes, Ownership and stock issues, Corporate Officers and Directors, Bank relationships and...

Third-Party Risk Management can mean many things to different organizations. To Symfact it is the process of evaluating new business partners and monitoring existing partners to ascertain what level of risk they may bring to a business relationship. The need for an...

    Policies are critical to the organization as they establish boundaries of behavior for individuals, operating entities, business processes, relationships, and transactions. When properly managed, communicated, and enforced these policies provide the...

  General Counsel, business lawyers, and corporate paralegals serve a vital role in corporate compliance. The growth and importance of Intellectual Property registrations together with the increasing diversity of corporate structures challenges even the most...

  ” Organizations which manage their contracts and compliance effectively will be at a tremendous competitive advantage.“   Many companies have a divisional focus rather than enterprise-wide basis for contract and compliance management. Divisional ”islands...

  Any business, corporation or organization that works with contracts regularly should be familiar with the term contract lifecycle management. If your business is responsible for leveraging legal agreements, CLM will be a vital part of the process. Through CLM,...