Malbek’s Post

Check out the latest vendor analysis featuring Malbek from Spend Matters! Report 👉https://hubs.li/Q01W4lGD0 Highlights: ✨Malbek’s CLM solution is built on the idea that most CLM competitors are feature-heavy but difficult to use due to the requirement of technical resources and the high total cost of ownership. ✨Malbek’s integration framework, Konnect, is a differentiator in the CLM space. ✨Malbek’s CLM solution skillfully maintains a balance between offering fairly complex features and remaining user-friendly and relatively simple to implement and deploy. Want to learn more? Let's connect!

Check out the latest vendor analysis featuring Malbek from Spend Matters! Report 👉https://hubs.li/Q01W4lGD0 Highlights: ✨Malbek’s CLM solution is built on the idea that most CLM competitors are feature-heavy but difficult to use due to the requirement of technical resources and the high total cost of ownership. ✨Malbek’s integration framework, Konnect, is a differentiator in the CLM space. ✨Malbek’s CLM solution skillfully maintains a balance between offering fairly complex features and remaining user-friendly and relatively simple to implement and deploy. Want to learn more? Let's connect!

Today on CPO Rising — “Magnus Mondays — Contract Lifecycle Management: A Different but Critical Procurement Technology” https://lnkd.in/gRDvmgku   This week, Magnus looks at contract lifecycle management and how it’s different from other procurement technology solutions or modules. CLM technology has evolved from simple databases with search and notification functions to now AI-driven authoring capabilities and automated compliance tracking. Much is happening in the CLM space.   #chiefprocurementofficer #procurement #contractmanagement #contractlifecyclemanagement #solutionproviders #procurementtechnology #CLM

We are delighted to announce that we have been mentioned in Forrester’s “Contract Lifecycle Management Platforms Landscape” Q3 Report. 🎉 To be named in this highly respected report is a great accolade and a testament to our commitment to providing the highest quality services to our partners and client community. To view the full document, please see here: https://lnkd.in/eHDCPKK8 #Procurement #SupplyChain #SupplyChainManagement

Starting your CLM vendor search without proper internal preparation is like trying to cook without knowing what's in your pantry. 🔍🍳 In my latest blog post, I share why laying the groundwork internally is the key to a successful CLM digital transformation. Ready to take the first step? Read more on how to avoid common pitfalls in your CLM journey. #CLM #DigitalTransformation #VendorSelection #BusinessOptimization https://wix.to/F44KzuG

Today on CPO Rising — “Magnus Mondays — Contract Lifecycle Management: A Different but Critical Procurement Technology” https://lnkd.in/etbfjxNF This week, Magnus looks at contract lifecycle management and how it’s different from other procurement technology solutions or modules. CLM technology has evolved from simple databases with search and notification functions to now AI-driven authoring capabilities and automated compliance tracking. Much is happening in the CLM space. #chiefprocurementofficer #procurement #contractmanagement #contractlifecyclemanagement #solutionproviders #procurementtechnology #CLM

Never. Miss. A. Renewal. Most procurement teams start out using Spreadsheets to manage renewals. Storing, managing and tracking details of contract dates, pricing, and key terms rapidly becomes unsustainable. Imagine the time and costs that your team could save by having a solution fit-for-purpose 🤔 Now, welcome Omnea’s dedicated solution which allows you to track & automate renewals, all in one simple interface ✨ Spreadsheets VS Omnea: ❌ Manual list of rows → Automated list of renewals ✅ ❌Manual reminders → Automated reminders & escalation ✅ ❌Manual approval shepherding → Automated approvals ✅ ❌Manual data collection from supplier → Automated data collection from supplier ✅ Learn about how you can upgrade your renewal management process 👉 https://lnkd.in/ePWA-9sb

2024 predictions regarding the use of CLM: Chief Procurement Officers (CPOs) are shifting from tactical roles to strategic stewards, prioritizing 'risk-optimized strategic category management' over traditional approaches. This transformation necessitates the adoption of data-first Contract Lifecycle Management (CLM) platforms, viewed not just as legal tools but critical enterprise business systems. Successful CPOs will utilize CLM to streamline buy-side processes, particularly addressing inefficiencies in business request intake and legal support requests, thereby enhancing overall contracting process efficiency. CPOs are inclined towards CLM systems with an 'agree and thrive' approach, recognizing the significant value of contract data across various aspects of the contracting process. If you would like to read more check out this article: https://lnkd.in/eR9PzXzX

Today on CPO Rising — “Magnus Mondays — Contract Lifecycle Management: A Different but Critical Procurement Technology” https://lnkd.in/gFnA63ar   This week, Magnus looks at contract lifecycle management and how it’s different from other procurement technology solutions or modules. CLM technology has evolved from simple databases with search and notification functions to now AI-driven authoring capabilities and automated compliance tracking. Much is happening in the CLM space.   #chiefprocurementofficer #procurement #contractmanagement #contractlifecyclemanagement #solutionproviders #procurementtechnology #CLM

Stop managing contract renewals with calendar events. Missing a contract expiration can disrupt the supply chain, causing delays, inventory shortages, and extra catch-up costs. It also introduces regulatory risks, like those from tariff updates, that need to be addressed in new contracts. ⬆️ Upgrade your SOP with a CLM. Tru’s Contract Lifecycle Manager (CLM) is a secure space for contract management. 🏦 A central repository for all stakeholders to access contracts. 🔔 Automated notifications before expiration. 🔍 All contracts can be viewed on a single page or on their associated vendor’s profile. Managing tons of contracts can be messy. Get in touch and clean up your filing cabinet today. https://lnkd.in/eSb5NWuT