There was a 154% increase in telehealth consultation in March 2020 in the United States, compared to the same time in 2019, according to CDC. Add to that a plethora of telemedicine apps that made their way into Apple and Google stores. You may not have realized but most such healthcare apps and telemedicine apps need …
IT teams have to manage a large number of contracts and binding agreements that have to be tracked through their entire lifecycle. Apart from that, there are a lot of sensitive documents that need to be guarded safely. All of this is possible with a good contract management software for IT. With the software in place, …
Contract management is an important part of any business, irrespective of its size or nature. Enterprises have to spend a considerable amount of time creating and managing contracts. When your process is manual and includes too many administrative tasks, the expensive human resources of the company can easily be pulled into low-value administrative tasks. And …
Conventional wisdom says that organizations need to make a deliberate effort to get more women into the tech industry and help them move to senior leadership positions. However, the team at Revnue feels that this mindset needs to change. They believe that the real transformation comes only when we eliminate biases of any form and …
In matters of money, accountability is an essential commodity. Companies and governments around the world spend a considerable amount of their money in ensuring that their capital is put to good use and that there are no frauds, irregularities, or embezzlements. Yet, financial frauds make headlines every now and then, putting finance teams in an …
If you had to name two departments within a business known to do their jobs well, yet quite thanklessly, it would be – sales and HR. These teams face the highest level of expectations with the least amount of empathy. Yet, we all know how much modern enterprises spend on customer acquisition today. Customer acquisition cost differs …
It is 2022, and quite clear that contract management is not just a department handled by the legal team of any organization. It is a function that helps businesses get profitable outcomes from contracts and therefore, is an integral part of the day-to-day life of all the departments. We have discussed the efficiency of a …
Managing contracts sometimes can become so daunting that you may need help at several fronts – legal, managerial, operational, strategic, and so on. A company may be dealing with vendors from different countries and laws differ from state to state. This makes room for several grey areas and not everyone knows the rules or the …
Legal professionals are often overworked and stressed as they deal with tricky issues each day. Working tirelessly, they are always on the lookout for ways to stay informed so that they can solve business problems proactively and help their organization plan for the future. One of the most manually-tiring tasks that many lawyers still continue …
Contract Lifecycle Management (CLM) refers to the management of a business’ contract right from the initiation through its expiry. From reducing risk to improving productivity, CLM might be the big fillip that your business needs. According to Gartner, “CLM is evolving from an operational record-keeping system, primarily used for legal audit purposes, to an enterprise-level core system …