Trident Contract Management Blog
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I saw a recent article posted on the ITAM Review LinkedIn Discussion Group that indicated TIBCO is suing Bank of America for $300 Million for improper use of their software. This is a perfect example of how almost every company struggles with managing software entitlements. Weekly, I see license agreement addenda that reference the 199x […]
Bringing a new vendor into your organization requires a series of activities. Most companies have a checklist of items they require (NDA, W-9, Certificate of Insurance…) before they can do business together. The process is manual and prone to errors or incomplete documentation. We thought it should be easier and made it as simple as […]
Perhaps my favorite thing about working at Trident is helping clients of all sizes and across all industries try and tackle an age-old issue – vendor/contract management. Although the stories of prior failed attempts by our clients are vastly different in range and scope, they are all remarkably common in one area – they all […]
Who among us actually enjoys reworking the processes for which we complete our work? We are often asked to do more with less and tend to follow process based on these demands. Sure – we’d all like to revamp the entire cycle of how work gets completed in our offices, but who has the time? […]
After 10+ years of helping our clients with their contract management efforts it still amazes me how personal contract management is to each organization and each stakeholder. Even the term “contract management” is personal. It can mean notification reminders and reports, document management, asset management, metadata management (all the details about the contract), process management, […]
There are three components to every effective contract management solution – People, Technology, and Process. People and Technology are as important to the overall success of your program as two legs of a stool but Process is the glue – and third leg of the stool – that pulls everything together. In other words, if you unable […]
Remember the good old days when you had a full staff and at the end of the day the work was completed? It was a golden age when you could start the day with sense of excitement, work hard, and end it with fulfillment. Part of this mythical time still exists but part is missing. We may […]
There’s one in every organization. The go-to person people ask a question of first when they don’t know the answer. This person knows where you buy paper clips, who to call to get the copier jam fixed, when preventative maintenance is due on your air conditioning units, and what it is going to cost to […]