Contracts news and trends

AI Takes on Role of Contract Management and Negotiator
artificial intelligence // January 17, 2024

Odds are if you’re reading this you’ve had to deal with a contract at some point in your career. The odds are also in favor of that contract requiring some level of negotiation. With the continuing deployment of artificial intelligence (AI) from the data science...

Conduent Debuts Tool To Manage Buyer-Supplier Contracts
B2B Payments // July 20, 2020

Conduent has launched its new solution called Contract Analytics, which will automate the contracts process and help diminish risk and revenue loss between buyers and suppliers, according to a press release. “Contract Analytics represents a game changer for buy- and sell-side contract management,” Brent MacLean,...

Garment Factories Reeling As Importers Stop Orders Among Weak Sales
Retail // May 05, 2020

The coronavirus pandemic has caused a rift in the relationship between apparel manufacturers and retailers, resulting in lost profits and canceled payments as the economy slogs through the mud, according to The Wall Street Journal. In Bangladesh, jeans maker Denim Expert Ltd. sent out a...

The B2B Contract Finds Its Strategic Role In Procure-To-Pay
B2B Payments // April 20, 2020

Within complex supply chains, a single company is typically both a buyer and a supplier, part of a broader web of strategic B2B relationships. With any new or changing relationship, contracts have to be written up and re-negotiated, a tedious process that can be costly,...

Interviews & Exclusives
AI Takes on Role of Contract Management and Negotiator

January 17, 2024
Odds are if you’re reading this you’ve had to deal with a contract at some point in your career. The odds are also in favor of that contract requiring some level of negotiation. With the continuing deployment of artificial intelligence (AI) from the data science department to the rest of the company, new technology is […]

How DocuSign Turns Contracts Into Commerce

April 28, 2017
Everyone knows the convenience of reviewing and signing a document anywhere at any time online, even on mobile devices. But for payments that might accompany those contracts — such as security...

Quick Reads
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print

June 04, 2024
The Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or unenforceable terms” in contracts’ fine print. “Companies use this fine print tactic to try to trick consumers into believing they have given up certain legal rights or protections,” the bureau said in a news release Tuesday (June 4). “When financial institutions take […]

Garment Factories Reeling As Importers Stop Orders Among Weak Sales

May 05, 2020
The coronavirus pandemic has caused a rift in the relationship between apparel manufacturers and retailers, resulting in lost profits and canceled payments as the economy slogs through the mud, according...

Lyft eBikes Return To SF After Battery Fire Investigation

November 12, 2019
Lyft is bringing its electric bikes back to San Francisco after the company had to stop the service due to several battery fires. The ridesharing company pulled the eBikes off...

Bitcoin Daily: France Votes To Include Crypto In Insurance Contracts; VC Draper Could Team With...

April 14, 2019
The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. Changes to the insurance code via the Pact Act now allow...