When it comes to contracting, Legal and Procurement should be close partners, as they have many of the same goals and encounter many of the same obstacles. Yet, they are often misaligned, leading to…
Breaking bottlenecks: How Legal and Procurement can work together to become strategic business enablers
ProcurementDeal or no deal? Historically, both Procurement and Legal teams have taken their share of the blame as being bottlenecks for getting deals done. But times are changing – and those days of bottlenecking…
Are disorganized contract management processes costing you precious procurement dollars? Most organizations waste between 3-4% of their procurement spending on excessive transaction costs and process inefficiency. The truth is that your procurement team can…
You might be surprised to discover how effective communication can truly be. In a recent webinar hosted by Agiloft’s Prashant Dubey, Chief Strategy Officer and Spend Matters’ Pierre Mitchell, Managing Director and Chief Research…
Procurement. It’s arguably one of the most important departments at any company. Procurement is responsible for the acquisition of goods and services to meet the company's needs. And considering that it's one of…
7 Simple Steps to Sourcing Success
ProcurementWhat would it mean to your procurement team if you could standardize, streamline, and optimize the source-to-contract-process no matter how tumultuous the state of the global market? Now, more than ever, sourcing teams are…
How a phased approach and targeting friction points leads to real improvements. If you are looking for a declaration about how the modern procurement team must embrace AI, blockchain, and digital transformation, you will…
How to gain an edge in sourcing with CLM
ProcurementIt’s 2022. Is your sourcing and procurement keeping up with the times? As supply chains continue to globalize, maintaining supplier relationships and reducing risks becomes more challenging, and this has only become more apparent…
Why is Gartner hyped on Agiloft CLM?
ProcurementGartner recently released two Hype Cycle reports for legal and procurement technology and mentioned Agiloft contract lifecycle management (CLM) software in both with a HIGH benefit rating. Gartner placed CLM software on the “Slope…
We hear too often how broken processes and convoluted contracting are impacting procurement, but with the world in a constant stage of change, how can procurement professionals get things under control? In short: by…
This week Agiloft launched its Sourcing and Supplier Information Management add-on, an extension of our core contract lifecycle management (CLM) solution. To kick off the product launch, Agiloft chief product officer Andy Wishart hosted…
In this week’s webinar, we talked with Matt Latham, purchasing manager at Amerisure Mutual Insurance Company about how he transformed his organization with automated contract lifecycle management (CLM) software. Matt was able to implement…
What is Gartner’s Critical Capabilities report?
ProcurementGlobal industry analyst firm, Gartner, recently released its 2020 Critical Capabilities for Contract Life Cycle Management*. This third-party report measures the strengths and capabilities of a dozen leading vendors that deliver contract management solutions.…
Last month, Gartner, Inc. announced the results of its first-ever Magic Quadrant for Contract Life Cycle Management* solutions. In an analysis of the top 12 vendors and their performance, Agiloft was named a CLM…
In the CLM and procurement space, there are quick software solutions, deep configurations, out-of-the-box tools, and all-encompassing enterprise platforms. Many CLM software vendors have found their niche in a wide variety of sectors, including…
In a world of century-old nonprofits, pop-up start-ups and decentralized multi-million-dollar companies, it’s impossible to find a one-size-fits-all contract lifecycle management (CLM) solution. Spend Matters is an analyzer, tracker and ranker of system providers…
If you’re one of the average employees surveyed in 2017, you’re reading this blog rather than the hundreds of untouched emails in your inbox. According to a recent study, most workers maintain 199 unread…
What makes procurement software worth watching?
ProcurementThe analysts at Spend Matters recently put out a list of 50 software vendors pushing the envelope in the procurement and supply chain sector. Agiloft was among the winners who were honored at Institute…