Malbek
Accelerate contract velocity with CLM purpose-built for the modern enterprise.
Empower your team like SurveyMonkey 💜
Contract templates enable teams across the enterprise to draft standardized agreements without having to come to Legal. But, they don’t just help Legal teams stay out of the weeds either!
Having strong contract templates empowers other business functions, such as Procurement teams, not to have to rely on Legal for everything. This helps to avoid bottlenecks and allows for a shorter and more consistent contract lifecycle.
Templates = Cross-Department Collab
Excited to be at IQPC's Corporate Counsel & Compliance Exchange! 🚀
This morning Matt Patel, COO & Co-Founder at Malbek and Ellen Kranz, Senior Contracts Specialist, Legal at Lighthouse covered crucial tips to level-up and maximize your CLM investment. We discussed:
🔹 Pre, during, and post-implementation best practices
🔹 Identifying crucial data and metrics to demonstrate ROI and results to management
🔹 Utilizing integrations to enhance user adoption and gain buy-in from other departments
Happy 4th of July! 🎆
Whether you're enjoying a BBQ, fireworks, or some quality time with loved ones, we wish you a safe and joyful Independence Day!
AI is everywhere... but how much of it is just hype, and what’s the reality?
Join us for a webinar on July 16 at 1 PM ET to uncover the true impact of AI in CLM.
Key Takeaways:
- Understand the practical applications of AI in CLM
- Learn about Malbek’s Ensemble LLM approach for accurate insights
- Meet Bek and explore real-world examples of AI in contract management
Don’t miss out! Register now to join us live, or receive a link to the recording if you can’t make it.
👉https://hubs.li/Q02FfZ1s0
Supercharge your contract management with AI-powered contract intelligence, transforming agreements from burdens to business boosters. Our latest blog reveals how your CLM process can benefit from contract intelligence.
Key Takeaways:
1️⃣Speed & Accuracy: Process contracts in minutes, not hours.
2️⃣Strategic Insights: Reveal hidden opportunities and mitigate risks.
3️⃣Compliance: Stay ahead of ever-changing regulations.
Read On: https://hubs.li/Q02F23w70
Contract Intelligence - How to Gain Intel with AI-powered CLM Learn how to gather contract intelligence by harnessing the power of artificial intelligence contract analysis for faster processing and strategic decision support.
Introducing the Enhanced Malbek Klix🚀
These first-to-market capabilities will transform how online agreements are executed moving forward, offering unparalleled functionality to meet the changing needs and requirements for one-click agreements.
Join leading companies like Cloud Software Group in embracing the future of CLM.
Discover more: https://hubs.li/Q02DTxv_0
Dive into efficiency during the ! With Malbek CLM, you can streamline your contract processes and spend more time at the beach.
📄 Simplify contract approvals
📅 Track deadlines effortlessly
🏝️ Enjoy more free time
Did you know 70% of companies fail to fully adhere to contract terms, risking legal and financial issues? Proper contract analysis can provide a competitive edge.
Dive into our latest blog discussing best practices for contract analysis.
Step 1 – Identification of Key Terms and Provisions
Step 2 – Examination of Legal and Business Risks
Step 3 – Assessment of Compliance Requirements
Step 4 – Comparison to Standard Templates and Previous Agreements
Step 5 – Performance Metric Evaluation
Step 6 – Reporting and Actionable Insights
🔗 https://hubs.li/Q02Dj5ZM0
🌟 From cost center to value creator: Chapter 4 of "Contract Lifecycle Management (CLM) For Dummies, Malbek Special Edition" showcases inspiring CLM success stories!
💡 A SaaS provider achieved a 36% efficiency boost in just one quarter
💪 A media giant ensured compliance across 250+ agreement types
🚀 A consumer intelligence firm tripled user adoption rates
Read more real-world case studies and witness the transformative impact of CLM. Grab your FREE copy of the book now at https://hubs.li/Q02ClTTV0
If you polled your organization to ask where contract management bottlenecks exist, what do you think the answer would be? We bet that it would vary by team.
The contract management lifecycle spans several key phases: contract drafting and authoring, negotiation and collaboration, approval and ex*****on, storage and tracking, and compliance and renewal. If you are not using a robust CLM solution, you likely have bottlenecks in 1 or all of these phases.
Here are the benefits of working with a leading CLM platform:
⏱️ Increased efficiency and productivity.
🔐 Improved compliance and risk mitigation.
🔍 Better visibility and control over contracts.
📈 Cost savings and revenue optimization.
Malbek was built to bring value to all your organization's teams across all of the contract lifecycle phases.
Find out more in our latest blog post. https://hubs.li/Q02CfNcq0
The summer solstice is this Thursday, which means vacation time for many. ☀️ Who has time to waste on contract management when there are vacations to enjoy? 🌴 Let Malbek's CLM help you automate mundane contract management tasks and even set an out-of-office to keep those contracts moving while you make the most of those summer days.
https://hubs.li/Q02C6cgQ0
Global electronic signature transactions have skyrocketed from 89 million to 754 million in just five years!
Our latest blog aims to demystify the digital signature vs electronic signature conundrum by exploring the key differences between the two, enabling you to make informed decisions about the most suitable approach for your organization's needs.
- Electronic Signatures: Simple to use, ideal for low-risk docs like internal approvals and consent forms.
- Digital Signatures: Highly secure, perfect for legal contracts and sensitive transactions.
🔗 Read on to learn why this matters: https://hubs.li/Q02zQtHw0
Choosing the right CLM platform can be overwhelming...
Chapter 2 of "Contract Lifecycle Management (CLM) For Dummies, Malbek Special Edition" highlights these essential factors to consider:
🔍 Alignment with your corporate structure, key processes & culture
🤝 Provider's onboarding process and level of support
🌐 Ease of use and scalability for future needs
📊 Advanced capabilities like AI and analytics
Make an informed decision and select the perfect CLM solution for your business. Get your FREE copy of the book now at https://hubs.ly/Q02zst3d0
Ever feel like you are in a maze of lengthy contracts? Missed deadlines leading to costly mistakes?
Don't let crucial dates go unnoticed and buried within pages of endless text. Avoid potential damages with the help of a reliable CLM and built-in contract reminders.
Discover top contract reminder software to never miss a deadline again. Find out more: https://hubs.li/Q02zsH7r0
Are you still thinking about that contract specialist career? Check out our second blog in a series focused on developing the essential skills for a successful career as a contract specialist.
Learn about:
🤔What is a contract specialist?
📋Key responsibilities of a contract specialist
🛠️Top skills for contract specialists
🎓How to develop these skills
With projected job growth, now is a great time to enter the field. What's more, cutting-edge CLM technology, like Malbek, can revolutionize your work by automating mundane tasks, freeing up your time for more strategic initiatives.
Check out the blog here: https://hubs.li/Q02y_Jvg0
Essential Contract Specialist Skills You Need to Know Contract specialist skills are key to securing favorable contract terms and mitigating risks. But what are the 7 essential ones that you'll need to look for?
📈 Maximize efficiency and minimize risks with these key CLM benefits from Chapter 1 of "Contract Lifecycle Management (CLM) For Dummies, Malbek Special Edition":
✅ Centralize the contract lifecycle
✅ Reduce compliance risks
✅ Improve efficiency
✅ Enable real-time collaboration
✅ Effectively manage data
Learn how to harness the power of CLM and take your contract management to the next level. Grab your FREE copy today at https://hubs.li/Q02yJs690
Are you interested in one of an organization's most critical job functions?
According to the U.S. Bureau of Labor Statistics, employment of contract specialists is projected to rise 7% from 2021 to 2031.
Here are the must-have skills to make you successful in this role.
✔️In-depth understanding of contract law, regulations, and industry.
✔️Strong negotiation skills to balance your organization’s objectives and external relationships with contractors and suppliers.
✔️Expert communication and collaboration both internally and externally.
Once you've found your dream contract specialist role, contract lifecycle management software, like Malbek, streamlines the entire contract process to work more efficiently, transparently, and easily manage compliance.
Get the details in our latest blog post.
https://hubs.ly/Q02yDxKq0
Contract Specialist - Definition, Duties, and Career Path Discover the role and responsibilities of a contract specialist in managing contractual agreements between companies and external parties.
WOW! We can't believe wrapped up a week ago...
2,300 professionals from 25 countries came together for a week of innovation, collaboration, and a touch of Vegas flair at the ARIA Resort & Casino.
✅ 496 Bek Stress Balls
✅ 245 CLM For Dummies Books
✅ 100s of Conversations
✅ 3 Braindates
✅ 2 Book Signings
✅ 2 Customers on Stage
✅ 1 Session on SFDC + Malbek CLM
We can't wait for next year!
Malbek @ 2024 CLOC Global Institute WOW! We can't believe wrapped up a week ago...2,300 professionals from 25 countries came together for a week of innovation, collaboration, and a tou...
Have you ever felt bogged down by the tedious task of contract review?
Imagine sifting through complex agreements with lightning speed, flagging critical clauses, and mitigating risks effortlessly. That's the power of AI contract review, and it's reshaping the way organizations handle their legal documents.
🔍 AI contract review slashes review time from hours to seconds, offering unparalleled efficiency and precision.
💡 Leveraging advanced technologies like NLP, ML, OCR, and Generative AI, extract vital information and ensure compliance with ease.
⚖️ From identifying parties to flagging risks, AI streamlines every aspect of the contract review process, saving time and resources.
🌱 Continuous learning and customization capabilities make AI contract review a scalable solution for businesses of all sizes.
Ready to experience the future of contract management? Dive deeper into the world of AI contract review with our latest blog post: https://hubs.li/Q02x4YTj0
Ready to revolutionize your contract management process?
Say hello to Malbek CLM! From creation to storage, Malbek streamlines the entire lifecycle for actionable decision-making and peak profitability. Discover the benefits: accelerate contracting velocity, unite your enterprise for improved collaboration, and leverage AI for smarter decisions and reduced risk. Success stories include a 70% reduction in cycle times, 50% reduction in time to close, and 96% measurable productivity gains. Stay ahead of the curve with Malbek's flexible, evolving solutions.
https://hubs.li/Q02w_brt0
Malbek Essential Features Malbek is putting an end to the era of manual, disjointed contracting by arming you with effective tools to love your CLM.From creation and management to sto...
✌🏼 out Vegas!
Our first full day at and ‘CLM For Dummies’ has been a hit. 🤩
It’s been fantastic connecting with fellow industry professionals and sharing insights on contract lifecycle management.
🚀 There’s still plenty more in store for the rest of the event, so be sure to swing by Booth 403 and say hello!
Let’s make the most of CLOC 2024 together.
Introducing Malbek AI Pro 🚀
Leveraging cutting-edge Generative AI Technology with an Ensemble LLM Approach, Malbek AI Pro is set to redefine the landscape of contracting operations, offering unparalleled capabilities and insights engineered to meet tomorrow's challenges head-on.
Say hello to faster, more precise, and incredibly cost-effective contracting. 💰💥
Learn more about Malbek AI Pro here:
🔗: https://hubs.li/Q02w8F8w0
Introducing Malbek AI Pro: Generative AI Technology Leveraging Ensemble LLM Approach Learn how Malbek AI Pro is leveraging advanced Generative AI technology to enhance contracting operations. Discover the unparalleled capabilities of this groundbreaking solution.
Last week we were in Chicago for ACC Legal Ops Con!
Its was so great to see many familiar faces in the legal space come together. The session content and the speakers were all so energizing.
HOT OFF THE PRESS...
Unlock the secrets of Contract Lifecycle Management with our new book, “CLM For Dummies,” published by Wiley and co-authored by Colin Levy and Matt Patel
Key Takeaways:
✨Demystify CLM complexities with practical insights.
✨Achieve enterprise adoption and success
✨Uncover real-life CLM case studies
Snag the Book: go.malbek.io/dummies
Malbek team meetings are just as cool as our CLM solution. ✨
All we needed was a corporate gathering at with:
🤩 killer views
🌿 refreshing environment
🍷incredible food and beverages
…to innovate at the speed of light! ⚡️
Nearly 70% of all CLM purchases are being made to replace an existing solution AND 50% of CLM implementations fail, yet...
Malbek has a 120% retention rate and 100% plan to renew with us.
Our customers are the center of everything we do.
💗 Care more.
💗 Listen more.
💗 Action more.
Contracts have never felt this sweet! ❤️
See how our customers are sweetening their CLM experience with Malbek:
https://go.malbek.io/love-your-clm
Happy New Year, from your friends at Malbek!
From reimagining contracts as strategic assets to setting new standards in CLM, we're embracing innovation and growth.
Dive into our blog post, " Bold Transformation: Say Hello to the New Malbek," to discover the evolution of our brand, mission, and vision. Join us in pushing CLM boundaries and exploring the future together!
https://hubs.li/Q02d5f2_0
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