Listen "Understanding CLM: Insights from the Pharma Industry with Angelina Bellanton"
Episode Synopsis
WHAT WE DISCUSS:[00:29] - Angelina's background and contract work[01:47] - Day-to-day work of a pharma contract team[03:05] - How implementing a CLM system improved communication between legal and finance[04:27] - Impact of tools like Agiloft on daily tasks[06:13] - Importance of a well-designed contract intake form.[08:15] - Issues that can be resolved using automation tools such as Agiloft.[10:42] - Compatibility of CLM with other departments[13:31] - Engaging stakeholders with KPIs and dashboards[15:16] - Continuous training for effective CLM use[17:28] - Managing Agiloft implementation and customization[20:31] - Tips for evaluating CLM vendors[22:55] - Choosing the right implementation partnerNOTABLE QUOTES:[10:58] “You have to think about the organization as a whole and being in a system that you can actually grow into, and that's going to continue to fulfill the business needs.” - Angelina[16:38] “The things that you don't know at the beginning of an implementation aren't going to be the same things that you don't understand at the end.” - Marc USEFUL RESOURCES & LINKS:Angelina Bellaton on LinkedInThe Contract Heroes Podcaston Apple Podcastson SpotifyThe Contract Heroes WebsiteMarc Doucette on LinkedInPepe Toriello on LinkedIn
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