The banking, financial services, and insurance (BFSI) sector is the backbone of global economies, handling complex operations, vast customer bases, and intricate regulatory environments. It also bears the critical responsibility of safeguarding sensitive customer data amidst a rapidly evolving landscape of cybersecurity threats, where breaches can lead to severe financial and reputational damage. While many […]

Did you know unstructured data makes up an estimated 80% of all enterprise data? This data is often hidden within documents – PDFs, long contracts, customer feedback forms, call transcripts. How do you extract informational insights from all this data? With more than a decade of experience in the technology industry, CloudMoyo uses the latest […]

For senior executives, every decision counts, and contracts play a pivotal role in shaping those decisions. However, uncovering critical insights often means grappling with voluminous documents hundreds of pages long and packed with dense legal language. The process can drain resources, creating roadblocks for fast, effective decision-making. Sounds daunting, doesn’t it? Enter… generative AI. Revolutionizing […]

Did you know suboptimal contract fulfillment can reduce your revenues by up to 9%? Contracts lie at the center of your business processes – from vendor management to compliance regulations to service terms and conditions. To stay competitive in this technology-driven world, organizations need to modernize their legacy contract management system. Manual processes are time-consuming […]

So, you’ve got a contract lifecycle management (CLM) platform, it’s been implemented, and your contracts are being stored in an electronic repository. It’s a huge improvement from manual contract management in other platforms. But how do you unlock the full potential of your CLM platform? An Ideal Contract Lifecycle Management System When you’re first looking […]

Contracts are the backbone of your supply chain, impacting both buy-side and sell-side operations. Poor contract management can cost companies up to 9% of their bottom line, leading to inefficiencies, missed milestones, and limited visibility into obligations. With scattered contracts and outdated processes, businesses struggle to manage supply chains effectively. Despite advancements in generative AI, […]

According to World Commerce & Contracting, contract mismanagement causes the retail and consumer goods sector to lose 2-4% of revenue annually. From managing vendors, distributors, and retailers across multiple geographies to navigating changing regulations and market dependencies, businesses in this sector face several challenges—all while operating on razor-thin margins. By improving compliance, streamlining workflows, and […]

Communities connect over food and beverage, whether it’s a quick picnic lunch from the grocery store or eating at a fine dining restaurant. This industry, valued at $2.00bn in 2022, moves relentlessly with companies developing and innovating with the latest technology. However, this leads to contracts – small and large – that affect companies from […]

Inefficient contracting processes can significantly impact business operations, with up to 70% of contract obligations going unfulfilled—leading to legal, financial, and reputational risks. For our customer, a global beauty and personal care leader, manual contract management processes created delays and inefficiencies. Without a contract lifecycle management (CLM) system, the organization struggled with inconsistent templates, lack […]

Join CloudMoyo as we delve into the key sub-verticals within the industrial sector, examining common business challenges companies in this industry encounter. Our experts explore how smart contracting can optimize business processes like Source-to-Pay (S2P) and Quote-to-Cash (Q2C), and how CloudMoyo supports these optimizations. Learn more about the business landscape of the industrial sector here […]

The healthcare industry – including payors, providers, and pharmaceutical companies – faces the challenge of maintaining quality patient care while managing third-party vendor risks. Many seek digital transformation but often lack the expertise to implement it. On one side, patients expect cost-effective payors, quality treatment, and easy access to medications. On the other hand, suppliers […]

For large manufacturing enterprises, maintaining an efficient supply chain is crucial. Issues like raw material shortages, transportation delays, inventory management hurdles, and quality control challenges can lead to operational inefficiencies and increased costs. These challenges often stem from ineffective contract management, which plays a pivotal role in maintaining strong relationships on both the buy-side and […]