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Sarbox necessitating ECM software, but beware of `best practices'

CHICAGO -- As more organizations look at what needs to be done in order to be compliant with SEC issues, an area that has come under the spotlight is enterprise contract management (ECM). Risk management and corporate governance issues have become issues even within the area of contracts and maintenance agreements.

The Sarbanes-Oxley Act (SOX) has become a reason to organize......

Full article >>> companies have packages that cover the various areas of contract optimization and collection phases. The industry doesn't matter. These are automated tools that have a real purpose and a real return on investment.

Beware `best-in-class' claims


If you have read my previous columns, you know that I don't believe in phrases like "best practices" or "best in class." From my perspecti......

Full article >>> > Almost all the vendors use best practices or best-in-class references. Again, the use of "best practice" turns on a red light for me. Its beginning to sound like "user friendly." No software package is sold without it being hyped as user friendly. We know better. Best practice is starting to reflect the same type of response.

While the use of this type of software tool can help your org......

Full article >>>
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Source:wistechnology.com By Jim Carlini 09/21/05


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