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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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. Automated Contract Management – Puts pertinent […]

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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 reason? No/poor process of managing […]

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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. We covered a lot of ground in 45 minutes including the […]

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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 […]

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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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Here at Brightleaf, we’re big believers in self-preservation. We live by helping companies mine their legal documents so they can analyze, understand, and better manage their customers, vendors and partners.  In other words, we thrive by assisting our clients with their data-driven decisions. So imagine our angst when we came across an article entitled “Data-Driven […]

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We LOVE this short, 3 ½ minute video where Mark Shilling, a principal at Deloitte Consulting LLP explains what he calls “amplified intelligence” as the next evolutionary step in putting analytics to work.  He explains how companies need to shift from sensing, responding and reacting to historical information and instead being predictive and proactive.  It’s […]

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I just got through reading an excellent article by McKinsey & Co. entitled “Delighting in the Possible”. It’s their version of how to think outside the box simply by separating the possible from the probable. In it, the authors state “our approach to the hardest problems—and the anxiety those problems create—is fundamentally misdirected. When most […]

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Guest Post Submitted by: Tripti Sinha “Big Data” refers to the great stream of information in the world economy, increasing every day, which gives rise to the need of storing, analyzing and management of such data. What has brought about this trend? It’s simple, what used to be considered only a part of business intelligence […]

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“It’s just a matter of time before artificial intelligence and robotics put a lot of law firm associates and paralegals out of work, according to a report authored by Jomati Consultants LLP.”  That’s the opening line from this article: Associates threatened by artificial intelligence That is, in our opinion, overstating it.  But the theme is […]

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