Author: Your TechCFO

Corporate legal teams are accelerating their adoption of digital solutions, like contract lifecycle management, to automate repetitive, manual processes. As a cost center with an increasingly important strategic role, legal is faced with increased demand, shrinking budgets and an often overextended workforce.

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Legal and security departments share the common goal of protecting an organization from harm. But, while both work to ensure security and compliance, the respective teams play distinct roles in achieving these goals. Through close collaboration and communication, each team can help the other optimize security and compliance throughout the organization.

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Contracting work requires end-to-end attention. It’s important to negotiate favorable terms in an agreement, but that effort loses value if the terms can’t be easily found and enforced. It’s incredibly important to a business’s bottom line to be able to effectively search a base of contracts to find opportunities and risks.

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