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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. Hundreds of Icertis Contract Intelligence (ICI) licenses went unused, a Master Service Agreement (MSA) was overloaded with 250+ attributes, 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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Customer success story

Cloud data architecture establishes readiness for advanced analytics and AI/ML applications at Terracon

Limited access to information, slow and intensive analytics, data silos, and increased time to develop insights are only a few of the challenges that organizations with traditional, on-premises data warehouse face. The reality is the cascading effects of data struggles in business decisions and losing time and extensive resources in the process. A modern, cloud […]

Read more April 12, 2020
Blogs

Become a Power BI expert with these best practices

By Umashankar Jedgule, Analytics team CloudMoyo Power BI is enabling organizations to step into the future with advanced business intelligence tools. Teams within an organization can now access data from a myriad of sources, create reports with Power BI Desktop and share insights with each other through Power BI Service. When you analyze data, create […]

Read more March 22, 2020
Blogs

Leveraging Snowflake on Microsoft Azure

To modernize their data warehouse solutions, organizations are increasingly focusing on moving their enterprise data to the cloud. But moving to the cloud is not a one-off decision and is certainly not the end of your enterprise-wide digital transformation. What lies next is, being able to easily access, scale, and actively manage your enterprise data […]

Read more March 04, 2020
Industry perspective

Latest in data warehouse modernization

In a fiercely competitive market, adopting modern means of data manipulation and transformation are vital to the success of a business. Many organizations are still using Excel for analyzing and representing data. To stay ahead of their competition, businesses resort to sophisticated power users, modern reporting tools, and multiple data platforms. Decision-makers are increasingly realizing […]

Read more January 22, 2020
Blogs

What you need to know about advanced data warehousing

An advanced data warehouse, also known as an enterprise data warehouse, serves as a data hub for business intelligence. It is a support system that stores data across the organization processes it, and enables it to be utilized for various business purposes, including reporting, business analysis, and dashboards. A data warehouse system stores structured data […]

Read more January 16, 2020
Industry perspective

Essential capabilities for workforce compliance in trucking

Compliance can often get lumped into the category of complex, time-consuming, and manual—more a series of must-do’s than essential approaches to ensuring safety in your fleet and workforce management. The reality is, compliance doesn’t need to be this complex. In fact, workforce management software promises to support your compliance initiatives and improve efficiency across your […]

Read more December 31, 2019
Industry perspective

Smart driver duty assignments for HOS compliance

Digital transformation is changing the face of driver duty assignments for carriers today—including workforce safety and fleet safety. With the increasing applicability of AI and ML technologies in the transportation industry, formerly manual, reactive, and often error-prone processes like duty assignments or the logging of hours are changing into something more predictive and automated to […]

Read more December 27, 2019
Industry perspective

Deriving greater value from your Azure SQL Data Warehouse

The need for a robust data warehouse has become evident after analytic requirements were at odds with the existing operational database performance. To run a complex query on the database requires it to enter a temporary state which is unsustainable for transactional databases, gives rise to the need for a data warehouse. Today, the most […]

Read more December 08, 2019
Blogs

Implementing an Effective Extract, Transform, Load Process for Your Data Warehouse

  The world of data has been growing exponentially, and the data management industry is totally changed from what it was a few years ago. Around 90% of the current data has been generated in the last couple of years only. According to a report by Domo, our continuous data output is nearly 2.5 quintillion […]

Read more December 03, 2019
Blogs

A simple introduction to Azure Synapse analytics

One of the key announcements of the recently-concluded annual Ignite conference in Orlando, Florida, by Microsoft, was the newest Azure service for enterprises: Azure Synapse Analytics. It’s the latest enhancement of the Azure SQL Data Warehouse that promises to bridge the gap between data lakes and data warehouses. Since the coordination between these two is […]

Read more December 01, 2019
Blogs

A beginner’s introduction to Natural Language Processing (NLP)

It’s not easy to train machines on how humans communicate. In recent years, numerous technological innovations have enabled computers to recognize language the way we humans do. This blog will introduce Natural Language Processing and some of its essential aspects. What is Natural Language Processing Natural Language Processing (NLP) is a branch of artificial intelligence […]

Read more November 07, 2019
Blogs

An introduction to PowerApps and the Power Platform

Microsoft’s PowerApps jumped on the scene in 2015, back when the tool was originally launched. Over the course of 4 years, PowerApps has matured into a strategic tool that helps businesses from a variety of industries and of various sizes to build scalable, business applications with minimal coding and a fast, point-and-click approach. In light […]

Read more August 21, 2019