article thumbnail

The Importance of Stakeholder Relationship Management

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Patrick Fifer shares how important it is to manage your direct stakeholder relationships in the sourcing world. Throughout the Certified Sourcing Professional program, stakeholder management was a critical aspect interwoven throughout the lessons.

article thumbnail

Reimagining CLM’s Role in the Biopharmaceutical Space

SirionLabs

Outsourcing to Manage the Inherent Complexity of Clinical Trials Clinical trials are inherently complex and expensive undertakings. It also offers the necessary data-led evidence a pharma business will need to justify the cost of R&D to shareholders, improve market position, and continue investing in further drug development.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reimaging CLM’s Role in the Biopharmaceutical Space

SirionLabs

Outsourcing to Manage the Inherent Complexity of Clinical Trials. It also offers the necessary data-led evidence a pharma business will need to justify the cost of R&D to shareholders, improve market position, and continue investing in further drug development. Clinical trials are inherently complex and expensive undertakings.

article thumbnail

Contract Compliance Audit: Overview, Benefits & How AI is Helping

SirionLabs

Broadly speaking, a contract compliance audit can be conducted with different focus areas and at different phases of the contract’s lifecycle, like during authoring and negotiations, post-execution, or to ensure compliance to industry regulations. Supplier audits can also complement third-party contract performance assessments.

article thumbnail

Third Party Risk and the Contractual Life Cycle

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Tim Thompson discusses the life-cycle of Third-Party relationships and how they fluctuate in the business world. Entering a contract with a Third Party happens every day in the business world.

article thumbnail

Frictionless M&As using AI-Led Contract Intelligence

SirionLabs

As a result, companies often find themselves grappling with a labor-intensive manual review process that requires significant time to identify key risk elements in contracts. In addition, the inability to compare third-party contract clauses to standard enterprise clause language and position increases risk exposure.