| | SEPTEMBER 20206CIOReviewThe shifts of change are most prominent in enterprise contract management with a slew of technologies set to manage and automate the various processes. In the wake of a complex regulatory environment, contract management is growing and specializing for companies of every size to have a 360° enterprise-wide view of their buy-side and sell-side contract assets. With businesses having scores of contracts with customers, clients, and suppliers, contract management solutions are crucial to maximizing revenue, control cost, and manage risks. Contract management is evolving to be agile to deal with changing legal compliances and diversity in sales and licensing models.Contract management solutions are undergoing a makeover with automation, security, AI, and digitization as the drivers for improved customer and employee experience. Cloud-based smart legal contracts will spur a wave in the market as they automate key processes across the contract lifecycle whereby enterprises can reap the benefits of automation remotely. To prevent data privacy breaches and meet compliance needs of enterprises, contract management will witness a heavy focus on leveraging contract AI, electronic signature, and digital contract lifecycle management. Contract AI will act as a promising change by making all agreements and agreement processes of an organization smarter. As the world is moving toward green options for almost everything, so is the contract management segment. Contract management will use digital contract technologies to streamline the process of updating, re-negotiating, and executing supplier agreements without resorting to paper, thereby decarbonizing existing relationships. Along the tech timeline, contract management innovations will bring forth compelling opportunities to gain a competitive advantage. On this note, we present to you this edition on enterprise contract management with exclusive coverage on leading-edge solutions and service offerings and thought leadership from subject-matter experts into the latest trends impacting the ECM arena. Leafing through these pages will help you formulate ECM strategies to take your organization to the future.Let us know your thoughts!EditorialDrivers of Modern ECMCIOReviewContact Us:Phone:510-230-0395Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com September 08, 2020, Vol 09, Issue - 59 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersDean WinchesterJune Williams Shirley FaithRussell ThomasVisualizersIssac GeorgeJohn GothamJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Copyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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