| |SEPTEMBER 20226CIOReviewCreating, negotiating, and managing contracts are critical for any organization to maximize business efficiency and reduce costs. However, managing a multitude of contracts is often a time-consuming and laborious process prone to human errors. This is precisely why organizations are looking to leverage contract lifecycle management software to speed up the process while decreasing financial and audit risks and clearing the way for efficient policy updates.In view of this industry backdrop, the contract lifecycle management market is expected to reach $2,413.9 million by 2029, growing at a CAGR of 12.2 percent from 2022 to 2029. The market growth can be primarily attributed to the growing inclusion of natural language processing software into contract lifecycle management, which allows companies to automate large numbers of existing agreement reviews in an instant while reviving and optimizing outdated contracts.Staying ahead of these transformative strides in the industry, the latest edition of CIOReview highlights the key developments in the contract lifecycle management industry that are augmenting business operations across various sectors. It features thought leadership articles from Steve Harris, SVP, Chief Ethics and Compliance Officer, Lincoln Financial Group, who talks about the importance of tech suites in building a robust compliance program, including risk assessments, managing regulatory changes, and devising new business contract policies to ensure a solid business reputation. It also features opinions from Phil Morgan, Sr. Director, Head of Global Strategic Sourcing and Procurement Operations, Electronic Arts, who highlights how in today's digital age, information technology can be a reciprocal business partner and trusted procurement advisor. In addition to these critical insights from industry experts, the edition also brings forth the best-in-class contract lifecycle management solutions from the most promising companies on the rise, including Evisort. The company offers a market-defining AI solution that helps businesses automate manual work while facilitating collaboration, streamlining operations throughout the entire contract lifecycle, and empowering strategic decision-making and better business outcomes.We hope this edition will help you find the right contract lifecycle management solution provider that will empower you to foster business efficiency in the coming days.Let us know your thoughts!EditorialSimplifying Contract Management with Technological ProficiencyCopyright © 2022 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.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com September - 16 - 2022 Vol 11, Issue - 52 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceAbner Lawrence Carolynn WaltersGina Clumsky Russell ThomasShirley FaithTiffany HayworthYenny TurnerVisualizersRonald DonovanIssac GeorgeJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
< Page 5 | Page 7 >