Identifying, Assessing & Mitigating Contract Risk with CLM
Mitigating contract risk is more important than ever in today’s business environment. But, how do you find the time necessary to determine which contract risks are acceptable and which aren't for your business? How do you effectively uncover hidden risk and minimize your exposure to it?
It all comes down to harnessing the data in your contracts. In this webinar we discussed how organizations can more easily and accurately identify, assess, and mitigate contract risk using a data-driven approach to contract management.
Some key things we’ll cover include:
- Steps and tools necessary to identify risk in your contracts
- Methods for assessing and scoring risk probability and consequence
- Solutions to mitigating contract risk