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Finance & Procurement
Conga’s Strategic Pivot: Analyzing the Future of Revenue Lifecycle Management for Enterprise Leaders
As budgets receive increased scrutiny, technology leaders are looking for ways to unlock efficiencies and capabilities within their organizations. The Conga Connect conference underscored this reality, with conversations about the evolution of revenue lifecycle management (RLM) and the essential need for discovering hidden value, connecting disparate systems and teams, and increasing innovation.
What’s in a Name? A Lot if You Are Leasing
If you want to lease IT equipment, you have many options with regard to potential lessors (the leasing companies). In fact, some manufacturers lease equipment directly to their customers … or do they?
Is Your IT Equipment Lease Missing the Lessor’s Primary Obligation?
When leasing IT equipment, the lessor (the company providing the equipment) has one main obligation. However, most leases overlook this critical aspect completely, exposing the lessee (the organization leasing the equipment) to unnecessary risk.
Provide Ample Time to Evaluate RFP Proposals Effectively
Evaluating vendor proposals is one of the most critical aspects of the RFP process, secondary only to negotiations. The ironic thing is that we've seen too many clients try to abbreviate this activity, take short cuts, or even avoid it altogether. Providing ample time for your team to review the vendor RFP responses is critical to a quality review process, while not rushing the evaluation process ensures that you understand their complete offer and proposal.
SortSpoke: A Recipe for Turning Unstructured Documents Into Operational Data
SortSpoke’s novel approach to machine learning answers a longstanding problem in financial services – how to efficiently extract critical data from inbound, unstructured documents at 100% data quality.
Does COVID-19 Activate Force Majeure in Your Contracts?
Check your contracts and you will find that the vast majority contain a force majeure clause. This provision states the conditions by which a party does not have to perform under the contract if it experiences an event beyond the party’s control.
Lower Your IT Expense With Reverse Auctions
If you are experiencing pressure to lower your IT expense, a reverse auction might be a quick, efficient answer to ensure you are getting a competitive price.
Citrix Systems Remain Vulnerable Despite Patching Attempts
A Citrix vulnerability first discovered on December 17, 2019 is being continually exploited by ransomware attackers despite patching attempts by Citrix.
Project Zero Extends Its Vulnerability Disclosure Agreement to 90 Days, Changes to Follow
Project Zero is changing its vulnerability disclosure policy to give software developers more time to patch vulnerabilities. The policy is now shifted to a stringent 90-day policy.
Can a Vendor Management Initiative Influence Organizational Performance?
Can a vendor management initiative influence organizational performance? The concise answer to this question is yes. However, this influence doesn’t occur overnight.
Department of Defense Seeks Improved Patch Management Tech: Why You Should Care
On January 15, 2020, the Department of Defense (DoD) issued an open call to vendors to fulfill a contract to help improve their technology and inventory management.
Tenable Chosen as the Successor for BeyondTrust’s Vulnerability Management Suite; BeyondTrust Steps Aside
Announced on December 31, 2019, BeyondTrust named Tenable as the successor to its Vulnerability Management suite.
Bishop Fox Discovers Eight Vulnerabilities in ConnectWise: Patching a Managed Service Provider
Cybersecurity firm Bishop Fox identified eight vulnerabilities in ConnectWise’s remote control and remote access software.
Does Your Strategic Vendor Consider You a Strategic Customer?
Whether you are using Info-Tech’s Commodity, Operational, Strategic, Tactical (C.O.S.T.) model to classify your vendors or you arbitrarily label high spend/critical vendors as strategic, it begs the question: “Does your vendor truly view you as a strategic customer?”
When It Comes to Contract Clauses, Equal Is Not Always Equitable
Many contract reviewers and negotiators often assume that terms and conditions applicable to both parties must be identical or mirror each other. Nothing could be further from reality.
Mixed Reviews for Kronos Workforce Mobile App
Extending a product’s desktop functionality and user experience to a mobile platform is not always a guaranteed success. Kronos is experiencing mixed reviews for its Kronos Workforce Mobile.
Coupa Set to Acquire Exari – CLM Market Consolidation Continues
Coupa, a leading source-to-pay (S2P) provider, announces planned acquisition of Exari, a leading CLM provider, for $215M in cash as contract lifecycle management (CLM) consolidation continues.
CLM Market Continues Red Hot Growth
The global demand for contract lifecycle management (CLM) solutions is estimated to increase at a compounded annual growth rate of 14% over the next 5 years. If accurate, the total spend for CLM will more than double by 2024.