Timothy Donaghy for this one-hour webcast on Utilizing Contract Lifecycle Management Processes to Mitigate Legal & Financial Risk we will be outlining five key risks in contracting. You'll leave with an understanding of how to assess your level of risk and best practices for using technology to mitigate risk throughout the contract lifecycle. \r
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Understanding your risks is just the beginning. Gaining control over them is the real challenge. In today's volatile markets, the range of risks we face is ever-changing and ever-growing. Dealing with the unexpected has become a way of life for the lawyer, contract manager and procurement specialist. This environment means it is even more critical that we gain effective control over the predictable risks - those things that we know will occur and which we can plan for. That way, our time and skills can instead focus on the unpredictable.\r
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Are you using role-based security to control access to your documents and data?\r
Are you effectively tracking key dates and obligations?\r
Are all of your contracts compliant with your business rules and requirements?\r
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Managing the contract lifecycle is an inherently risky process. Fortunately, the application of technology for risk management is on the rise.
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