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Contract Lifecycle Management Success Starts with Readiness

Managing 40,000 contracts on average is no small feat, especially when each agreement ties directly to supplier relationships, compliance obligations, and deal velocity. In fact, research shows that the average business loses nearly 9% of its value annually due to poor contract management. For one Fortune 500 food and beverage leader, contracts were the backbone of a $60B business operation across 300+ distribution centers.

But when their first attempt at Contract Lifecycle Management (CLM) fell flat, the consequences rippled across the organization. Icertis Contract Intelligence (ICI) platform went unused, a Master Service Agreement (MSA) model design was overly complex, slowing adoption, and integrations with SFDC and OpenText broke down, leaving critical data trapped in silos. Instead of reducing risk, inefficiency grew and frustration mounted.

That’s when the company partnered with CloudMoyo to take a step back and start where true transformation begins – CLM readiness. Through a focused discovery process, our team uncovered where the implementation had gone wrong and reimagined the approach with usability at its core.

Want to know how CloudMoyo turned a failed CLM investment into a foundation for long-term value?

Download the full case study!

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Blogs

Top 3 Considerations for IT While Adopting Low Code App Development Technology

This article was developed out of a conversation on a CIO panel discussion at the 2021 Kansas City IT Symposium by IT industry leaders Manish Kedia (Co-Founder & CEO, CloudMoyo), Rich Miller (VP Information Technology, Burns & McDonnell), Jason Kephart (CIO, Terracon), and Josh Edwards (Global Director of Data Science & Operations, Black & Veatch). […]

Read more August 27, 2021
Customer success story

Supplier Onboarding App Improves Compliance and Optimizes Operational Performance

Our customer, Icertis—a global software technology company that provides contract management software – needed a supplier onboarding app to address challenges that were impacting compliance with suppliers as well as operational performance. CloudMoyo decided to build a low-code portal using Microsoft’s Power Apps, to create a public-facing page with a simple drag and drop capability.   The solution enables a quick market […]

Read more August 11, 2021
Blogs

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Read more August 02, 2021
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How a Large Tax Company Transformed Big Data Architecture with Azure HDInsight

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Blogs

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Read more June 21, 2021
Customer success story

The Standard Partnered with CloudMoyo to Enhance Visibility Into Contracts

The Standard, a CloudMoyo customer, sought to implement and configure Icertis Contract Intelligence and streamline their contract management process. Their main objective was to have obligation management to gain visibility into renewal and expiry of their contracts. Other needs include a single repository for all agreements, enhanced search capabilities, and an overall digitized workflow. The […]

Read more June 02, 2021
Industry perspective

Building Resilience in the Supply Chain with Intelligent Contract Management

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Read more May 26, 2021
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Infographics

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Read more May 17, 2021
Industry perspective

Mission Possible: Reducing Supply Chain Legal Risks with Contract Intelligence

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Read more May 13, 2021
Webinars

Innovate with Low Code/No Code Apps at Litespeed

Overview: You can learn how CloudMoyo can help businesses innovate with low code/no code applications at Litespeed with the Microsoft Power Platform. With the need to transform quickly to meet business expectations, remain relevant, and adjust to change in working conditions, and market demands, it is a challenge for businesses to navigate uncertainties, deliver quick turnaround on goals, save costs, and enhance collaboration and improve productivity.  Using the […]

Register Now May 06, 2021