Creating value in an ever-expanding industry-agnostic competitive landscape requires that organizations improve performance, reduce spending, and make data-driven decisions. With the preponderance of spending locked into contracts, leading organizations must find a way to harness their complexity to create value and the following four strategies can help.
Many different types of organizations can enhance their respective source-to-contract needs with user-friendly and flexible contract management solutions. To that end, we’ve examined five key organizational roles and explore their contract management challenges and how they can empower themselves with leading contract management software.
Are you aware that the GDPR (General Data Protection Regulation) was enacted by the European Union to help protect consumer information? Yes, the GDPR is a good step forward in safeguarding the data of individuals. In the United States, there have been comparable attempts by both the federal government and states to protect data of consumers including (but not limited to) healthcare privacy data protection (such as HIPAA), the Children’s Online Privacy Protection Act, Family Education Rights and Privacy Act (FERPA) and various similar state-enacted consumer protection laws (to name a few).
The federal and state governments are indeed taking noteworthy steps in the interest of protecting consumer data. However, California has notably stepped up the game with the California Consumer Privacy Act. The California Consumer Privacy Act (CCPA for short) creates new consumer rights related to the access, management, and deletion of personal data that is collected by a business.