This week marks one year since Facebook’s Cambridge Analytica scandal, which may go down as the worst compliance failure in history with the company shedding $150B in market value in less than 90 minutes. If you don’t know the story, it began in 2013 when Dr. Aleksandr Kogan
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Contracts are the lifeblood of modern commerce. According to the International Association for Contract and Commercial Management (IACCM), the average cost of processing a routine contract is $6,900, while the cost for complex contracts run much higher. And that's just operational costs. What about the impact on the bottom
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At the end of January, Agiloft made the trip out to the most important annual event in legal technology, Legaltech 2019 in New York City. The staff who attended were there to meet the best and brightest of the legal world and chat about their biggest challenges associated with contract
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In 2002 the Sarbanes-Oxley (SOX) Act changed the way that businesses operate and comply with regulation. At that time, most analysts anticipated a process management evolution that would match the enormity of the shift, speeding the adoption of automated systems. Now, sixteen years later, studies suggest that most companies utilize
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Organizations ranging from SMBs to global enterprises are realizing game-changing efficiencies through business process automation (BPA). With compliance costs for Sarbanes Oxley regulations costing some companies more than $1 million annually, it’s no surprise that business have turned to automation to reduce costs. But if BPA can reduce time
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