Clause & Effect

For legal operations, transformation can partly be achieved by automating manual processes, minimizing risks, enforcing and improving compliance, and gaining greater insights into business performance - all with the help of effective contract management solutions. With regulatory boards always calling for better predictability and transparency, in-house legal teams today are embracing digital contracting transformation for engineered workflows, better collaboration, tracking contractual obligations and delivering a significant impact on the business bottom line Host Guru Venkatesan is joined by Eric Schultenover, Executive Director, Enterprise Legal Solutions, Legility (a part of Consilio), a global, new law company that provides consulting, technology, managed solutions, and flexible legal services to corporations and law firms. They exchange views on enterprise legal operations, performance undersupply in legal tech, current trends in outsourcing contracting services and more.

Many procurement teams go into panic mode on a misplaced contract. From simply finding a signed contract to establishing a complex trail between MSAs and relevant SOWs, NDAs, and amendments across its lifecycle improves visibility. Connecting these further to active spends with suppliers, purchase orders, and invoices can significantly drive savings, improve cash flows, eliminate unintended risks, and transform contracts into a competitive advantage.  Host Matthias Toepert is joined by Ganga Siebertz, a supply chain and procurement transformations leader with over two decades of experience working for global companies such as Whirlpool Corporation and The Coca-Cola Company. They discuss contract traceability, the combination of process design and technology implementation, and why efficiently managing contracts is not an option, but the need of the hour.

Without a cohesive process in place, organizations can be exposed to chaotic workflows, lost contracts, failed compliances, and more. To create improved efficiencies, it is important to understand the challenges of managing contracts across their lifecycle and drive performance based on seamless collaboration, standardized processes, and analytical insights. Host Guru Venkatesan is joined by Rohit Kumar, General Counsel at UPL Limited, a leading global provider of sustainable agriculture products and crop protection solutions. They exchange views on why CLM is the need for global legal teams today and how well-managed contracts can be a game changer for organizations.  

For most problems businesses face today – solutions are plenty, purpose-built by innovators. The question is mostly around identifying the right transformative opportunities within and the choices one needs to make – core vs. context, now vs. later and more importantly, build vs. buy. Host Guru Venkatesan is joined by Sukumar Rajagopal, founder & CEO of Tiny Magiq, a digital transformation & behaviour transformation accelerator start-up. They discuss the importance of digital transformation in today’s technology driven world and how it presents huge opportunities to enterprises to transform their business.

From supplier management to cost reduction to risk mitigation, procurement departments face a variety of challenges - with contracts taking the lead. While contracts are still handled in timeworn ways, a lot can be done with an efficient contract lifecycle management solution. Host Guru Venkatesan is joined by Robert Waalder, Founder & Owner of Sourcing Champions, a boutique strategy consulting firm focused on global sourcing and procurement. They discuss how efficient contracting can be beneficial for solving various procurement and business challenges and why it is wise for procurement teams to adopt the right solution and use them as a competitive advantage.