Massachusetts, home to Brightleaf Solutions, beat out California, New Jersey, and Washington as the number one innovation hub, according to a new Bloomberg survey. Bloomberg ranked states according to their research and development intensity, productivity, high-tech density, concentration of science, technology, engineering and mathematics employment, science and engineering degree holders, and patent activity. Massachusetts beat […]

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The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) intended to improve financial reporting about leasing transactions. The ASU affects all companies and other organizations that lease assets such as real estate, airplanes, and manufacturing equipment. The changes are significant and follow on the heels of similar international guidelines recently announced […]

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The International Accounting Standards Board (IASB) just issued its new rules on lease accounting, and in the U.S., the Federal Accounting Standards Board (FASB) is about to do the same. The biggest change by IASB is for lessees, no more with there be operating leases separate from finance leases. All leases go on the balance […]

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I almost expected to see dancing in the streets when the news got out: General Electric is moving its headquarters to downtown Boston.  This Fortune 500 company (#8 on the list), with  $149 Billion in revenue wants to become more of a technology and software company which fits very nicely in with Boston’s positon as […]

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Guest Post Submitted by: Pratish Jadhav The ultimate goal of automating contract management is to lessen business and reputational risks of corporations by ensuring they comply with the terms and conditions of every contract. Most importantly, automated contract management enables corporations to foresee their rights and obligations, and thus prevents future litigation and its cost. […]

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According to an article in the New York Times, lawyers will still have a job. Automation is not going to replace them all. Whew! Automation will replace a lot of tasks, but not necessarily people, according to the author, John Markoff. And he backs that up by citing several studies. Check it out: http://bits.blogs.nytimes.com/2016/01/04/the-end-of-work-not-so-fast

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Guest Post Submitted by: Sajith We all enter into some type of contract at various times in our  life. But have we ever thought of all the possible consequences in the long run? Is it really about sign and forget? Every year, many companies lose a significant amount of money owing to contractual non-compliance. The […]

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Corridor and Brightleaf’s webinar Incorporating a Migration Strategy into a Contract Management System Initiative was a big success! We had great attendance and wanted to make sure that the information shared by our speakers was made available for those that could not make it. Here are links to the slide deck and recording. We covered […]

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Brightleaf is a Boston-based technology company. And we mention Boston as a matter of pride. That’s because an amazing number of innovative, new technologies were pioneered here. Did you know that the first use of anesthesia for surgery was demonstrated here in the 1800’s at Massachusetts General Hospital? Or that the first video game (“Spacewar,”) […]

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I read a recent headline in the Boston Globe entitled “Behind the scenes of the ‘sexiest job of the 21st century’” and thought for sure they must be talking about VP’s of Sales at technology startups. But unfortunately, no. The article refers to the increasingly important role of “data scientists”. It states “…as companies across […]

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There’s a popular saying “Those who can, do, and those who can’t, teach.” I would humorously add “And those who can’t teach, teach gym.” 😉 But there is a lot to learn from those who “do” and do it successfully. So I’m always looking for practical, real-world advice from doers. When I want to learn […]

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“Definition of Statistics: The science of producing unreliable facts from reliable figures.” –          Evan Esar, Humorist Data do not give up their secrets easily. They must be tortured to confess. –          Jeff Hopper, Engineer “Statistics are used much like a drunk uses a lamppost: for support, not illumination.” –           Vin Scully, American Sportscaster “Facts are […]

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Here at Brightleaf, we pride ourselves in being excellent communicators. It’s a critical component in our approach to delivering exceptional customer service. Most importantly, we are mindful of it both when working directly with clients and reviewing or discussing projects internally. We asked Sajith, an Assistant Project Manager in our Pune, India office, how he […]

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