How is contract lifecycle management affected by GenAI and how are companies making use of improved streamlined contract processes?
Join a workshop where we will learn from PwC and discuss the evolution of procurement excellence in general and contract lifecycle management especially. In the dynamic landscape of modern business, the role of procurement continues to evolve, encompassing strategic decision-making across areas such as technology adoption, sustainability initiatives, and supplier negotiations.
Date: November 28th 2024
Time: 11:00-13:30
Venue: Nobis Hotel, Stockholm
Who: For a select group practitioners (not consultants)
Investment: Free of charge but require dialogue with EBG for confirmation
Way to join: Email lars(at)ebgnetwork.com
Amidst the evolving challenges, many businesses have yet to fully embrace strategic procurement planning in 2024, with a focus on cost reduction and operational efficiency. The emergence of critical technologies like artificial intelligence presents opportunities for CPOs to drive innovation and demonstrate value as strategic partners within their organizations.
Icertis, a leading provider of contract lifecycle management solutions, leverages GenAI to streamline contract processes and unlock the full potential of commercial agreements. Through the Icertis Contract Intelligence solution, procurement can address key challenges including supply chain disruptions, process enhancements, and technology integration, thereby driving revenue growth, cost control, risk mitigation, and regulatory compliance—the cornerstones of business success.
Program
11:00 Arrival
11:15 Welcome, coffee & PwC presentation & discussions
12:00 Lunch & Discussions
13:00 Discussion sum up
13:30 End of lunch workshop
EBG | Network recognize that many organizations are struggling to create efficient contract lifecycle management through the award, compliance and renewal stages. Increased ESG regulations are adding to the granularity in which companies need to know their suppliers and supply chain. This workshop acknowledge these challenges while also taking a visionary approach to what is to come.
In this roundtable discussion, we will draw upon real-life examples from PwC to illustrate how organizations can swiftly realize the value of their contracts, offering insights into overcoming barriers and maximizing the impact of procurement strategies.
We will discuss different points of view – the idea being for everyone to share knowledge and gain insights.
Workshop hosts
Hubert Verweij, Director, Head of Operations PWC
Hubert have several years of experience as director and head of procurement operations and transformation. He has also been Manager Procurement Strategy & Supplier Management at Royal FrieslandCampina
Maciej Stefaniak, Partner, EMEA CLM Center of Excellence Lead
Maciej is leading the PwC EMEA Contract Lifecycle Management CoE as part of the PwC EMEA Legal Business Solutions Network. He knows how to create CLM Strategy definition, prepare for CLM Transformation, enable Enterprise-wide CLM Transformation as well as CLM Managed Services, Contract-as-a-Service and Contract Analytics.
About Icertis
Icertis is the global leader in AI-powered contract intelligence. The Icertis platform revolutionizes contract management, equipping customers with powerful insights and automation to grow revenue, control costs, mitigate risk, and ensure compliance – the pillars of business success. Today, 30% of the Fortune 100 trust Icertis to realize the full intent of millions of commercial agreements in 90+ countries. icertis.com
About PwC
PricewaterhouseCoopers is a global network of professional services firms, providing a wide range of services including audit and assurance, tax, and advisory. With a presence in 151 countries and nearly 364,000 professionals, PwC is committed to building trust in society and solving important problems. Their services span various capabilities such as cloud and digital, deals, ESG (Environmental, Social, and Governance), cybersecurity, and more12. PwC’s purpose is to build trust in society and solve important problems, guiding how they serve clients, their people, and the world. They focus on delivering sustained outcomes and advancing quality in everything they do