How AI-powered CLM is Making Integrated Risk Management a Reality

“The biggest risk that businesses face today is their inability to manage risk holistically.”

Effective third-party risk management (TPRM) is a critical yet challenging area for most organizations today given the dynamic business environment and increasingly complex value chains (involving multiple suppliers, customers, and partners).

While businesses have various risk strategies and tools in place for GRC (Governance, Risk, and Compliance), ESG (Environmental, Social, and Governance), etc., these programs are hampered by their siloed execution and a limited view of risk that does not address key risks inherent to commercial engagements.

The new generation of AI-powered contract lifecycle management (CLM) technology bridges this gap by enabling integrated and holistic risk management. This approach enhances the existing risk management infrastructure with purpose-built functionality to address areas such as contractual, performance, financial, and perception risk.

Watch this webinar to discover how AI-powered CLM is helping organizations enhance their TPRM capability. The webinar panel features Gretchen Hall, Director, Risk Advisory Consulting, KPMG along with Paul Branch, Chief Networking Officer, WorldCC and Deepak Bhasin, Chief Product Officer, Sirion.