Wow…what a concept!! Finding money to add to your bottom line that you didn’t know you had. How can that happen?!? Vendor/Supplier contracts, as with many other types, have performance penalty clauses. Often times, these are forgotten because contracts are drafted and filed away and these clauses often times, are forgotten and lost! If you […]
Read More →Extracting key data elements from contracts is not an easy chore. Done manually, you would need to open each and every contract (which in itself is a time-consuming task), search through the full document for many different types of language, and copy and paste into a tool like Excel. Time studies have shown that in […]
Read More →In my earlier blog, I had given 5 steps to choosing a CLS. Not all CLS’s are created equal. You may first want to see what you require to manage your contracts. What salient information do you really have in your legacy agreements? How does it vary? What’s important to you? Do you want to […]
Read More →In my last blog, I mentioned how current laws have not kept current with advances in technology. Let’s now focus how new technology is playing an increasingly important role in Big Data. In the corporate world, timely, accurate and secure access to critical business information is crucial to success. But there is so much unstructured […]
Read More →Your first reaction when you see reams of paper or contract document files on your computer is often “How do I get a handle on this?” The typical answer that comes to mind is “Let me get a system that manages contracts.” Then you start researching contract management systems vendors. Yes, that is the ultimate […]
Read More →Why would anyone take the time, effort and all the lawyer fees to negotiate and draft detailed, often complex contracts and agreements with vendors, suppliers, and clients, only to file them all into a drawer, never to be looked at again? We at Brightleaf see it all the time. We believe that contract management through […]
Read More →As part of our contract intelligence launch, we just published a new white paper entitled “Automated Contract Abstraction – How new technology enables fast, affordable contract abstraction”. We’re getting a lot of kudos from readers. Check it out: http://www.brightleaf.com/contract-abstraction/ It teaches how automated contract abstraction helps keep contract management systems up-to-date; reduces risk by ensuring […]
Read More →Brightleaf sells document automation technologies—and technology-leveraged services—that help lawyers work more quickly, efficiently, accurately, collaboratively, and profitably. We deploy those technologies and services at law firms and in-house legal departments. Our customers at those firms and departments use Brightleaf to improve contract creation and contract negotiation…and to gain greater contract intelligence over their executed transactions. We make […]
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