EXECO EDGE BLOG
Insights where GenAI and contracts intersect
11 reasons why CLM implementations fail and how to avoid them
Implementing a contract lifecycle management (CLM) system is a major investment and has the potential to transform the way organizations handle contracts, from streamlining processes to enhancing compliance and improving efficiency. But the risk is huge. Failure to implement can result in wasted resources, disrupted workflows, and even legal risks due to improper management of contracts.
How AI Innovation Empowers People and Improves Customer Experiences
Many organizations today view AI primarily as a tool to automate processes, improve efficiency, and even replace human roles. With such a narrow view, we miss out on AI's broader and more powerful possibilities. In Execo, I take a different view. It means AI should be used to help people work smarter, be more creative, and focus on what really matters. We see AI as a partner that enhances human capabilities, eliminates inefficiencies, and drives true innovation in how services are delivered.
GC's ultimate guide to a successful CLM implementation
Today, the role of general counsel (GC) has changed drastically. Implementing CLM is an important part of this transition, simplifying workflows and making it easier for legal teams to understand contract details. Gone are the days where GCs were viewed as mere gatekeepers or cost centers focused solely on reducing legal risk. Modern GCs are now strategic partners and play a critical role in increasing value and fostering innovation within the organization. This evolution requires changes in the way legal departments operate, particularly in the field of contract management.
NEW CHAPTER: ASPIRE JOINS FORCE WITH EXECO
Today marks an important milestone for Aspire. Here's the news of an exciting new chapter. We are happy to announce that we have been hired by the Execo Group and that we are joining the Execo Group.
How AI is Accelerating B2B Transformation: Lessons from Inbound 2023
If you missed this year's INBOUND 2023 conference, you wouldn't be surprised to hear about today's hot topic of artificial intelligence (AI). Of course, there were lots of hot opinions about AI. Some are more valuable, while others are deliberately paradoxical. However, if you dig a little deeper into the layers, the real point I got from INBOUND was not about AI itself, but about changes born from AI. In particular, the keynote address by HubSpot CEO Yamini Langan was most impressive to me. As Langan pointed out, the past nine months alone have seen more technological innovation than some sectors have done in almost a decade!
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