Best Legal Software for SAP Ariba

VendorPanel, a source-to-contract procurement platform, is used by state and local governments, procurement aggregators, and corporates. The SaaS platform enables organisations to simplify procurement, reduce risk, maximize savings, and drive positive social outcomes. -- Decentralised sourcing -- Tenders, panels and prequalification -- Supplier discovery & management -- 50,000 Marketplace suppliers -- Social procurement -- Local economic development Analytics & Reporting -- APIs

Key Benefits: - Quicker Revenue: 40% reduction in contract authoring time. Quicker revenue realization (18% of sales cycle spent on contracting). - Reduced Costs: Reduction in revenue leakage – 9% of the bottom line. Optimized spend & 10-12% reduction in expenses. - Improved Compliance: Reduced risk – 2% of annual costs. Real-time contractual insights for improved compliance. - End-to-end CLM platform: One platform for legal, sales & procurement teams. - Quick deployment: Simplify contracts across the enterprise in just 3 months. Features: • Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach. • Advanced Reporting • Contract authoring and template & clause library management. • AI-powered (NLP) contract analysis, metadata extraction, and search. • Contract repository and document management. • Contract collaboration and approval workflows. • Contract milestone and obligation tracking. • Contract renewal and expiration management. • Centralized Desk and Controlled Access to data. • Integration with other enterprise systems.

Brightflag is an AI-powered legal spend and matter management software that can be used by in-house legal teams. It is simple to use and comes with proactive customer support. Brightflag processes billions in legal spend each year for its customers. This results in hundreds of millions in savings and tens to thousands of hours of avoided administrative work. Brightflag was founded in 2014 and serves a global community made up of vendors and in-house teams from Sydney, New York, and Dublin.

Bringing together category-leading innovation, unrivaled Contract Lifecycle Management expertise, and a deep commitment to customer success, Sirion helps the world’s leading businesses contract smarter. Sirion contract lifecycle management (CLM) software revolutionizes contracting—transforming contract data into digital assets and delivering real-time insights for the full contract lifecycle. With industry-best AI, the powerful Sirion CLM platform accelerates contracting processes, reduces risk, cuts costs and delivers 360-degree visibility across the entire contract portfolio. Sirion is trusted by over 200 of the world’s most successful organizations to manage 5 million+ contracts worth more than $450 billion across 70+ countries.

Your accountability solution to GDPR compliance. You can enjoy a smoother and easier regulatory compliance process that empowers privacy professionals around the world. You can empower your privacy program using one smart, simple-to-use and secure tool. It also integrates automation to assist you in all your compliance tasks. Your compliance should be visible to your key stakeholders. Pre-designed, automated reports make it easy to communicate your results to the privacy team as well as to upper management. You have full control over your privacy administration. Smart automation can be used to standardize and streamline your processes. Ensure compliance with the GDPR and simplify your data protection efforts.

Through our unique AI-as a Service model, we provide financial intelligence across your contracts in order to drive savings and lower risk. With instant access to key contract data, including inventory, you can increase productivity across your teams. Alerting makes it easy to track expiration dates and reduce risk. Smarter decisions and stronger negotiation will improve your business performance. Standardize data collection and reporting across departments. You can track your ESG performance, set goals and get valuable sustainability analytics insights in real time. Automate reporting, create multiple reports from any framework. Create Excel or PDF reports. Cross-team alignment can improve collaboration and speed up buying cycles.

You can say goodbye to misplaced or mismanaged paper contracts, as well as the lost savings and risks that they can bring. SAP Ariba contract management software can eliminate paper and ink when creating, executing, and managing any type of contractual agreement. It will be much easier to collaborate with all stakeholders in the digital economy. Secure electronic storage makes it easier to keep track of contracts and provides search tools that allow for quick access. You can also quickly create contracts using preapproved templates and legal clauses. You will enjoy a lower total cost of ownership (TCO), and always-current versions from SAP Ariba contract management software with minimal IT support. For unrivalled compliance and control, integrate your contract processes with other SAP Ariba solutions, ERPs, or third-party systems.