As the role of technology continues to evolve in the modern business landscape, it is increasingly important for CTOs and CIOs to stay at the forefront of digitization and prioritize the adoption and implementation of tools that can improve efficiency and drive growth. One type of tool that should be at the top of the list for CTOs and CIOs ...
Legal teams are constantly on the lookout for new tools to streamline their processes and make them more efficient. One tool that has garnered a lot of attention in recent weeks is ChatGPT, a natural language processing (NLP) tool that boasts more than a million users and is creating a new-found buzz in the legal fraternity due to its ability ...
Physical Legacy Contracts are a major issue for every enterprise around the globe. These physical documents are hard to keep track of and are spread across multiple repositories. Managing milestones, obligations & risks of all these contracts is a laborious manual task that can often lead to missed renewals or penalties. Digitize contracts for smooth contract management. These days, most ...
Buy-side and sell-side contracts are some of the most common types of contracts businesses deal with on a daily basis. However, most people are still confused by the contents of each contract and what they mean for their business. Having a deeper understanding and knowing the difference between these contracts is imperative to draft stronger, compliant contracts and ensuring organization-wide ...
Negotiated Terms Contracts are the life-blood of every business. These negotiated terms govern the way companies interact with their stakeholders and ensure that the company is protected in a constantly-evolving business environment. Over the past few years, heightened customer expectations, disrupted supply chains, changing market dynamics, and rising inflation have pushed companies to re-evaluate their contracting process and stay competitive ...
In today’s fast-paced business world, legal departments are bombarded with multiple contracts which they have to draft, analyze and send to their respective stakeholders. They are required to stay on top of any renewals or obligations, which can be extremely inconvenient without a centralized source for their contract management. Contracts are managed by various departments such as legal, finance, procurement, ...
Inflation has hit multi-decade highs across the globe with the US CPI index rising over 8.3% in the last 12 months. Despite the continuous moderation of federal governments to curb inflation, commodity prices have skyrocketed and companies are facing the brunt of it. Companies are pulling multiple levers to manage margins eroded by rising oil and commodity prices, supply shortages, ...
Are you doing business with small enterprises? If so you may be at risk for non-compliance under the new UTC reform bill ...
Greetings from Volody Products Inc.! One of the most competitive industries existing in the 21st century is the healthcare industry. With raise in medical tourism, growing infrastructural facilities in the medical care industry, drug trial, insurance cost, M&A, increased regulatory requirements, decreased governmental expenditure and rapid privatization, it has become quintessential for the healthcare industry to manage the contracts with ...
Greetings from Volody Products Inc.! The future is virtual. Countries across the globe are building up their digital proficiency by adopting advanced and deep technologies. Digital revenue for the FY 2021-2022 saw 5x growth as compared to other industries. To breed and promote start up culture, the government has allowed 100% FDI in Data processing, Software development and Computer Consultancy ...