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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

Energy Solutions Company Improves Reporting Capabilities with Cloud Migration

“Renewable energy is the future. It’s not a question of if, it’s a question of when and how fast we can make the transition.” – Bill Gates. Businesses are relying increasingly on cloud migration to support their IT infrastructure. According to Gartner, worldwide end-user spending on public cloud services is forecast to grow 20.7% to […]

Read more May 24, 2023
Blogs

A Guide to Microsoft AppSource

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Read more May 10, 2023
Blogs

Integration Platforms to Connect Your Business

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Read more April 26, 2023
Blogs

Data Governance: Data Catalog & Why You Need It

In the age before computers, you had libraries with professional librarians that had all the information on every single book in that library. Then came computers that could store terabytes of information about all the books, CDs, magazines, and music in the library, like where you could find it, if it was available, the author, […]

Read more April 19, 2023
Customer success story

Terracon Improves Data Analytics Capabilities with Snowflake on Azure

Engineering firms managing multiple projects often store large amounts of data in warehouses to gain valuable insights for strategic planning. However, traditional on-premises data warehouses can pose challenges like limited access to information, slow and intensive analytics, data silos, and lengthy development of insights. These challenges can have adverse effects on business decisions and result […]

Read more April 14, 2023
Blogs

Why Enterprises Should Use Snowflake on Azure

Data is the fuel of the digital era and harnessing its power can ensure productivity and organizational success. Businesses have long struggled with inflexible storage capacities, high operational overhead, and other technical difficulties due to their legacy data stores. As a result, investing in a modern-day data warehouse offers multiple prospects of development to your […]

Read more April 12, 2023
Blogs

7 Reasons to Use ChatGPT (& 5 Reasons You Shouldn’t)

There’s no way you haven’t heard of ChatGPT yet, but if for some reason you haven’t, let’s catch you up! What is ChatGPT? ChatGPT is a language model powered by artificial intelligence that mimics human conversations. Developed by OpenAI, this natural language processing (NLP) technology is based on transformer architecture, a type of algorithm that […]

Read more April 05, 2023
Blogs

CloudMoyo and Building an Equitable Future

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Read more April 01, 2023
Blogs

Building Business Architecture for Resilience

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Read more March 29, 2023
Customer success story

Leading Supply Chain Services Company Transforms Customer Experience by Modernizing After-Sales Customer Support

Big data management has been increasingly difficult with volumes of data and companies are struggling with the cost and performance of the old data architecture. Therefore, businesses are reaching out for efficient and cost-saving solutions to collect and store data. We helped our client, a leading supply chain services company, move away from the complex, […]

Read more March 24, 2023
Customer success story

National Equipment Rental Company Improves Contracting Experience for Customers

Obligation management is critical in businesses bringing together vendors and consumers. Vendors want safe usage of goods and services while customers require timely delivery and best-in-class quality. Identifying such obligations from a large number of contracts, assigning ownership, and maintaining visibility are extremely difficult if done manually. Our client is the channel between vendors and […]

Read more March 15, 2023
Blogs

5 Benefits of Cloud Migration

“Moving to the Cloud” has been trending in tech for years, especially in the last few in the wake of the COVID-19 pandemic. Organizations around the world are investing or have invested in moving their business to the cloud for increased flexibility as many work from home, reduced cost, and increased agility as they grow. […]

Read more February 24, 2023