Blog Post

Contract Management Best Practice | Exigent

June 12, 2017

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Awareness of geopolitical risks has risen – and for good reason.

Legal and compliance functions are putting more focus on risk mitigation and leveraging the underlying value of their contracts. Achieving contract management best practice will almost certainly help to realize the value of the contract portfolio – an often neglected valuable asset.

“Recent surveys suggest that the regulatory burden in the finance industry will grow by 15% per annum in the coming years.”

The demand for Contract Lifecycle Management software will increase steadily for the foreseeable future. The ever-present challenges of governance, geopolitical risk and compliance all put pressure on organizations to exercise greater control over their contracts process. Start your journey to good contract management by reading our thought leadership paper – Integrated contract lifecycle management best practice.

Designed for legal professionals, this White paper will examine the integration of contract lifecycle management and risk. Key takeaways include:

  1. In the current climate, legal compliance functions are putting more focus on minimizing  organizations’ exposure to risk.
  2. Awareness of geopolitical risks has risen: they are hard to predict, and their effects can cascade into many other business risks.
  3. Reports of “compliance fatigue” are emerging as businesses fail to keep up with changes
  4. As the regulatory landscape evolves, so does the need for sophisticated methods to stay compliant.

Download the White paper here.

Not got much time? Download our bite-sized summary sheet to give you key findings in minutes.

About Exigent

Exigent is one of the most experienced and innovative providers of high-quality legal outsourcing services that go beyond legal process outsourcing (LPO) solutions. From sole traders to AmLaw 500 law firms, Exigent provides a comprehensive suite of legal services, highly trained and reliable staff, and best-of-breed legal technology solutions, including contract management software.

Whitepaper: Turn Contract Folder into Opportunity