Contracting Excellence Journal

A peek into the future of commercial transactions: smart contracts, relational contracting and the IACCM principles

Posted by Lita Bollimpalli, Assistant General Counsel Verizon Business and Jerry Silber, Vice President & Deputy General Counsel, Verizon Business Group
Jan 23, 2020 5:39:56 AM

At the IACCM’s 2018 Americas conference, sourcing and legal department representatives from some of the top companies in the world met to discover more about the future of contracting. The hot topics were:

IACCM Smartcontracts commercialtransactions relationalcontracting future iaccmprinciples

Posted by Natalia Ombach, LL. M., MBA Associate Director Contract & Risk Management, Turner & Townsend
Jan 16, 2020 10:04:59 AM

Every contract negotiation aims at proper risk allocation. But what is proper to one party may not be so proper to the other. At that point proper may no longer be objectively proper at all. So, how might we get it right? What does “proper” risk allocation look like?

performance management risk management risk contract value

Posted by Mani Agarwal, Senior Director, Head of Contract Compliance & Optimization, Capgemini
Jan 8, 2020 11:08:04 AM

Despite procuring some of the most expensive contract lifecycle management (CLM) tools on the market, organizations often fail to achieve the required return on investment. Why is this?

contract management contract tools

Posted by Bruce Everett, Regional CEO, IACCM, Asia Pacific Region (APAC)
Dec 23, 2019 9:50:34 AM

The 2019 International Civil Service Effectiveness (InCiSE) Index has been published today by the Blavatnik School of Government at the University of Oxford. The index aims to help countries determine how their central civil services are performing and to learn from each other. The full story is at https://www.bsg.ox.ac.uk/news/new-index-ranks-uk-civil-service-top-followed-new-zealand-and-canada and it makes fascinating reading.

procurement government procurementmanagement

Posted by Tim Cummins, President of IACCM, Professor, Leeds University School of Law; Chair, International Commercial & Contract Management
Dec 16, 2019 10:49:48 AM

Enterprise Resource Planning, or ERP, was a key driver of business transformation over the last 25 years. Today, it is the management of external relationships that needs urgent attention. By streamlining these commercial operations with RRP, organizations can potentially reduce operational costs by at least 20% and generate improved revenue and savings from their trading relationships.

relationship management

Posted by Mohit Khullar Head of Commercial and Contracts with SMEC & Prachika Agarwal, Contract Specialist lawyer
Dec 12, 2019 10:20:53 AM

We all have dealt with a contract at some point in our lives but now, we stand at a crossroads between manual and automation – and to the extent possible, it’s time to switch. The first choice should be smart contracts.

contract management contract Smartcontracts

Posted by Dr. Chris Bauman, Associate Professor and Faculty Director of the Master of Innovation and Entrepreneurship (MIE)1 program, University of California (UCI), Irvine
Dec 6, 2019 9:15:56 AM

Interview with Dr. Chris Bauman, Associate Professor and Faculty Director of the Master of Innovation and Entrepreneurship (MIE)¹ program, University of California (UCI), Irvine.

entrepreneur Entrepreneurship innovator intrapreneur

Posted by IACCM
Nov 27, 2019 8:33:36 AM

Tim Cummins, President of IACCM; Professor, Leeds University School of Law; Chair, International Commercial & Contract Management

strongertogether IACCM conference creatingvalue

Posted by Julien Nadaud, Chief Product Officer, Determine and SVP of Innovation, Corcentric
Nov 25, 2019 3:25:58 PM

I talk to Chief Procurement Officers (CPOs) all the time about their challenges and frustrations. Few if any seem held back by a lack of confidence or uncertainty about whether procurement needs digital transformation. In fact, CPOs are most often frustrated, because they know what they and their teams are capable of doing on behalf of the enterprise, but they don’t necessarily have the support required to translate that potential into results.

procurement contract management supplier digital transformation

Posted by Carolina Colombo, Contract Negotiator Manager at Avaya Inc., IACCM Certified
Nov 22, 2019 7:16:00 AM

Becoming a contract negotiator was not my goal when I started my professional career. I worked as an intern and paralegal first and then I start working at Avaya, my current employer, where I discovered what a contract negotiator is and does.

View all articles Next ›

Contracting Excellence Journal

Articles, news and insights from IACCM staffers and over 60,000 Members.

A peek into the future of commercial transactions: smart contracts, relational contracting and the IACCM principles

How risk allocation influences performance and adds value?

Why do contract management tools fail?

World's best procurement management in government

The next big thing: Relationship Resource Planning (RRP)

Smart contracts – the way forward

Afraid to jump start your ‘impossible’ dream? ‘You can do it,’ says UC Irvine educator - and students!

Participants at Americas Conference praise IACCM’s Americas Conference as the ‘best ever!’

Digital transformation is no time to have a confidence crisis

CONTRACT NEGOTIATORS: Ask, listen, be proactive – we need one another

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Contracting Excellence Journal

Articles, news and insights from IACCM staffers and over 60,000 Members.

Download the Pitfalls Report

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Posts by Topic

Recent Posts

IACCM Membership Types & Pricing

Take a look at the various membership types, or take a better look by becoming a FREE Trial Member