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What is CLM maturity?

Contracts are one of the most essential elements of any business. They define the ties between that organization and outside parties (think, supplier agreements, sales contracts, or procurement contracts).

According to Statista, a top business data platform, approximately half of the global population actively uses the internet. For many of us, this is hardly a surprising statistic. But what it does underscore is the importance of using document management software to help you digitize your business.

Helping nonprofits navigate uncharted waters

We’re in uncharted territory, where every individual, community, and organization is adjusting to sudden change and finding balance. We are digging deep to meet these new challenges in our personal and professional lives. What we do now counts more than ever.

Like many of you, we at Conga are heartbroken about the unnecessary and unjust loss of life in the Black community. We’ve watched as people and organizations across the US have come together over the past week to voice their frustrations about the injustices Black people have faced for centuries and continue to face today.

You’ve probably heard us say it before: businesses run on documents. But, more specifically, businesses run on contracts. Every year, a typical business will create, execute, and manage hundreds, if not thousands, of contracts.

Contracts are an increasingly important aspect of any business, from local mom-and-pop storefront to the largest enterprise organizations. But without a plan in place, the contract management process can become overwhelming for employees and full of risky manual errors.

The world of sales is poised to be revolutionized by artificial intelligence (AI) technology. With the IDC projecting that worldwide revenues from AI will reach $97.9 billion by 2023, this technology is going to become more prevalent.

Today is a monumental day for Conga. We announced that Apttus and Conga are joining together, combining our companies to help businesses on their digital transformation journey as they evolve operations, streamline workflows, and create and deliver digital documents, quotes, and contracts more effectively.

The high tech landscape is growing every day as organizations work to solve today’s problems with new tech. This is great for consumers, who get the benefit of the tech. But many internal processes lag behind the times. 

The customer experience starts with the first interaction and continues through every subsequent interaction.

We’re happy to announce the launch of Conga’s new Administrator Certification Program. Through our curriculum offered online and onsite at many of our events (like Conga Connect!), you can prepare to become a certified Conga Administrator.

 We’re on the eve of a revolution in the contract management industry. Artificial intelligence (AI) has arrived, and at the helm.

Contracts are the foundation of any growing business. In fact, studies estimate that up to 80% of B2B revenue is governed by contracts.   

An efficient sales cycle is critical to closing deals—and contract delays are among the most common bottlenecks.