Precisely

Imagine a world where your legal department doesn’t have to deal with routine contracts. 🌎 We chatted with Dani Manfreda, Deputy Head of Legal & Compliance at Adverity, and discussed how contract automation helped his team spend less time on mundane work. Watch the full episode on our YouTube channel to find out: ► A typical contract automation workflow of a fast-growing SaaS ► The most significant benefits the legal department at Adverity gets from automation ► The difference in how legal collaborates with other teams after introducing contract automation Jump to the link in the comments to watch the full episode👇🏼 #legalops #legaltech #contractautomation

Modern in-house legal counsels have a lot on their plate in fast-paced business environments - so how can they make sure to meet rising demands, high expectations, and be an integral part of the business? 🎙️ According to Fiona Konetzky, one of the elements is to stop working in silos and challenge the status quo. By connecting with your company’s stakeholders, acting as a business enabler by applying legal design principles, and managing your stakeholders’ expectations - you are much more likely to make your mark in the business and truly make a difference. Pioritization and embracing digital tools like CLMs can go a long way, too. ➡️ Read more in Openli's article by Fiona Konetzky: Survival Guide for Sole Counsels in an In-House Environment https://hubs.li/Q02q4ZzJ0

"Since we started using Precisely, our order forms and sales contracts are always correct. Precisely’s user interface is self-explanatory. It takes so much work off our shoulders." - Sabrina Beer, Sales Administrator at Foleon When business goes well, the workload usually increases, and so does the amount of contracts needed to issue to keep things running smoothly. ✨ But what if you could have a magic wand and let contracts fill themselves in, notify the right stakeholders of their progress, and be shared with the right people from the very beginning - while you focus on chasing more business? ✨ With contract automation, this is no magic but a real possibility. Read more about how Foleon's contract automation journey drives efficiency in times of business growth 🚀 ➡️ https://hubs.li/Q02q4ZG60

Your business world is held together by contracts. To draw insights from them, you need to adopt a data-driven way of managing them. So here are 3 reasons to give up your makeshift contract archive for a smart repository like Precisely’s: 1️⃣ Easy search with metadata tags. Find the right contracts in seconds with advanced filters, and export your lists to further report on your contracts. 2️⃣ Advanced data-driven contract analysis. No more opening documents to extract the most important information; use metadata tags to create your reports. 3️⃣ Automatically stored contracts and automatic reminders for contracts drafted inside Precisely. No more deadlines missed, contract owners are automatically notified when it’s time to renew contracts. See it in action! 📹 https://hubs.li/Q02q4KCQ0 #Clm #digitalcontracting #contractanalytics #datadrivencontracting

Is your CLM system playing well with your existing tech stack? Poor integration leads to inefficiencies and low adoption. Find out how to seamlessly integrate your CLM system with existing infrastructure for optimal performance. 💻🔗 Our article provides a roadmap for mapping your tech ecosystem and identifying key integration points. ✅ Understand the importance of compatibility and avoid the costly need for custom development. 👉 Explore our guide: https://hubs.li/Q02jjbCs0 #CLMIntegration #TechEcosystem #EfficientWorkflow

🛠️ Building Your Business Case for a CLM? Start with the Numbers. 📊 It's one thing to argue that Legal Ops can be a strategic asset to your business; it's another to prove it in dollars and cents. While you might not have implemented a CLM just yet, there's immediate value in making your processes more efficient and streamlined. Here's how to pitch it: 1️⃣ Reduce Legal Spend: Highlight the costs you can cut by optimizing existing contract management processes—even before a CLM comes into the picture. 2️⃣ Align with Business Goals: Make it clear how a more efficient Legal Ops can directly support and advance the company’s strategic objectives. 3️⃣ Reallocate Time Savings: Quantify the hours your legal team will reclaim from mundane tasks, freeing them up to focus on initiatives that add real value to the business. Unsure how to put these numbers together? Crunch them with our ROI calculator. Not only will it give you insights into your current inefficiencies, but it will also make your eventual CLM implementation that much smoother: https://hubs.li/Q02jjfFY0 Use this data to paint a compelling, number-backed narrative for your C-suite. 💼📈 #LegalOps #ROI #ContractManagement #BusinessAlignment #ProcessOptimization

Embarking on a CLM journey? 🚀 Remember, it's not just about technology, but also about people. Stakeholder engagement is pivotal for successful CLM adoption. Learn why it's essential to involve users from the start and how to create a sense of ownership among them. 🤝 Discover actionable strategies in our latest article to ensure your CLM project aligns with user needs and avoids potential failure. Dive in for insights and practical steps! ✅ 👉 Read more about common pitfalls to avoid when adopting a CLM: https://hubs.li/Q02jjftp0 #CLMAdoption #StakeholderEngagement #TechImplementation

Early stakeholder engagement is key to successful legal transformation — here is first hand experience from our Customer Success Lead Viktória, who’s worked with hundreds of customers and seen the difference. Find out why and how to do it effectively in our latest blog post. Start your journey towards efficient legal operations in 2024! 🌍 Link in the comments! #LegalOps #StakeholderEngagement

The contracting aspect of a sales process can be daunting. But what if you could create, send and sign deals - without leaving your favourite CRM tool? With our Precisely & HubSpot integration, you can! 🎉  How it works: - Create a contract in Hubspot with a few clicks - spend more time on negotiating and closing deals - Preset approval workflows - no manual involvement from legal needed to ensure compliance - Save hours of work - input data in just one system, it syncs automatically both ways Curious to learn more? Head over here https://hubs.li/Q02jj9Dq0

Contracts contain a treasure trove of value that can be unlocked with just a few small adjustments involving strategic data tracking and greater accessibility 🚀 Taking small steps towards identifying contract authorship, renewal dates, new clause uptakes, and key business terms can help your company save time and demonstrate the impact of in-house legal. ⭐️ The result? Thoughtful contract organization increases transparency and helps your colleagues find the information they’re looking for without having to waste your time. Read the full article by Michael Astle, Executive Director Legal Affairs, for Contract Nerds: https://hubs.li/Q02fp5nJ0