Ardent Partners: Linking CLM with SIM to Improve Third-Party Risk Management

How linking CLM with SIM will manage third-party risk.

Ardent Partners: Linking CLM with SIM to Improve Third Party Risk Management

What the report covers:

As our unpredictable world becomes more complex, interdependent and dangerous, it’s becoming harder to manage third-party risk. Traditional financial and operational risks seem like the good old days. Now procurement has to manage, mitigate and avoid risks as disparate as conflict minerals, cybercrime, natural disasters, resource depletion and many others.

The most important and effective thing you can do is to increase insight into and across all your third-party contracts, supplier base and extended supply chain. After all, you can’t manage what you don’t know.

This report explores how linking CLM and SIM will help you manage third-party risk and achieve the visibility and control you need. Download the report now and learn what you need to know.

What you will learn:

  • Create a consistent and streamlined single source of truth
  • Eliminate unqualified suppliers and enforce compliance with CLM
  • Quickly aggregate, parse and analyze data by combining CLM and SIM
  • Digitize and automate processes for efficiency and force multiplier effect action plan for turning procure-to-pay into a growth engine