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Streamlining Contract Management: Info-Tech Research Group Publishes Guide to CLM Process Efficiency

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Info-Tech Research Group’s latest blueprint offers a step-by-step guide to enhance contract lifecycle management (CLM), addressing key challenges such as document centralization, process development, and tool implementation. The newly published research provides actionable insights to streamline CLM, ensuring improved efficiency and compliance.

TORONTO, May 31, 2024 /PRNewswire/ – Organizations are facing increasing complexity in managing vendor contracts, leading to a critical need for streamlined and effective contract lifecycle management (CLM) to mitigate risks and ensure compliance. Recent market disruptions and regulatory changes have heightened the urgency for efficient CLM processes. Info-Tech Research Group’s latest blueprint, Design and Build an Effective Contract Lifecycle Management Process, addresses this urgent need by offering a comprehensive guide to enhance CLM processes. By centralizing contract documents, refining processes, and implementing the right tools, organizations can drive operational efficiency and secure their contractual obligations in today’s fast-paced business environment.

“Contract lifecycle management systems, and therefore CLM processes, continue to evolve. Vendors in the space are constantly modifying their features and functionality, and the industry’s players are rapidly changing due to vendors entering, merging, and leaving,” says Phil Bode, principal research advisor at Info-Tech Research Group. “Artificial intelligence is the latest innovation being leveraged by the CLM providers, making the systems more sophisticated and easier to use. However, CLM still requires human participation to track down contracts, draft use cases, identify requirements, and run the systems. In addition, validating or spot-checking the work of the artificial intelligence with a human in the loop ensures things run smoothly.”

Info-Tech’s blueprint emphasizes the need for a structured and phased approach to CLM. By addressing foundational issues first and then implementing advanced tools, organizations can enhance both operational efficiency and compliance. This method ensures that each step is built on a solid foundation, allowing for sustainable improvements in managing contract lifecycles.

“For the CLM system to be effective, a lot of work must occur before implementation, such as defining the problem statement, desired process, requirements, use cases, and negotiations,” explains Donna Glidden, principal research advisor at Info-Tech Research Group. “It’s important to understand the limitations of the tool since it won’t solve all problems. For example, the best CLM system on the market won’t completely fix process and noncompliance issues.”

The firm’s research highlights how effective CLM processes can drive strategic business outcomes. Emphasizing a well-structured and phased implementation approach, the blueprint illustrates how organizations can align their contract management practices with evolving compliance and regulatory standards. This integration not only enhances contract execution precision but also reduces administrative overhead and mitigates risks associated with noncompliance and mismanagement. By adopting comprehensive CLM practices, organizations can stay ahead of regulatory changes and market dynamics, ultimately fostering a more proactive and resilient contract management strategy.

CLM requires a flexible approach tailored to the organization’s goals, culture, maturity level, scope, and other factors. Info-Tech’s blueprint outlines the following framework to guide organizations through various stages at their own pace and based on their unique needs:

Location: Organizing and developing a plan to locate contract documents and move them to a “central” location. The primary outcome from this phase is a Contract Location Plan.Process: Identifying leading practices for a CLM process and comparing them to the current process. The primary outcome from this phase is a gap analysis to improve deficient areas in the CLM process.System: Defining CLM requirements and identifying and selecting a vendor that best meets the organization’s needs. The primary outcomes from this phase are guidance and the steps required to acquire and implement a CLM solution.

Info-Tech’s resource details how effective CLM can transform business operations, emphasizing the importance of strategic and systematic implementation. This recommended approach ensures that organizations can manage contractual obligations efficiently while maintaining high compliance standards. By adopting a phased methodology, organizations not only mitigate regulatory risks but also unlock significant operational efficiencies and cost savings. With the right CLM processes in place, organizations can achieve greater visibility and control over their contracts, fostering a proactive and resilient organizational culture.

For exclusive and timely commentary on this topic from Info-Tech’s analysts and access to the complete Design and Build an Effective Contract Lifecycle Management Process blueprint, please contact pr@infotech.com.

Info-Tech LIVE 2024

Registration is now open for Info-Tech Research Group’s annual IT conference,  Info-Tech LIVE 2024, taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas. This premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to attend the event or to gain access to research and expert insights on trending topics, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.  

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com. 

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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PR Newswire AEO & GEO Brand Report Now Available in Canada

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Canada’s largest, most trusted press release distribution service builds on its legacy in the country by offering brand-level AI visibility intelligence to government, investor relations and corporate communications teams.

TORONTO, Oct. 19, 2026 /PRNewswire/ — AI-powered search and generative answer engines are rapidly reshaping how audiences discover and evaluate brands. As a result, communicators are increasingly seeking data-driven insights into their organization’s presence within this evolving landscape. Today, PR Newswire announces that its AEO & GEO Brand Report is now available to customers in Canada to help them take their brand’s AI visibility to the next level.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/pr_newswire/9424851-en-pr-newswire-launches-aeo-geo-report-ai-brand-visibility-in-canada 

The report, available in the PR Newswire Amplify™ platform, provides measurable insights into how AI models reference and position brands, helping customers across Canada understand their AI footprint and actively shape it through the world’s most trusted distribution network and powerful Multichannel Amplification™ solutions.

Strategic AI Search Insights for Communications Professionals

Powered by Trajaan, a Cision company, the report captures three distinct categories of data to provide a brand-level view of AI visibility:

Mentions: Measure your brand’s presence in AI-generated answers with a breakdown of share of voice, total mentions, ranking position and trend tracking over time.

Sources: Identify the webpages and domains that are being referenced in AI responses about your brand to better understand the sources shaping the narrative.

Answers: See real responses showing exactly how large language models (LLMs) are answering questions about your organization.

“The rapidly-evolving AI search landscape is changing how communicators are thinking about visibility. We’re proud to build on decades of experience working with Canadian PR, marketing and investor relations teams by extending the availability of the AEO & GEO Brand Report. These powerful brand-level insights will help our customers in the country effectively navigate this new era,” said PR Newswire President Matt Brown. “Combining the report insights with our trusted, Multichannel Amplification™ tools offers communications teams an industry-leading solution for reaching global audiences where they are and increasing visibility for their most important stories.”

Turning AI Insights into Smarter Content Strategy

Launching the new report natively within Amplify, the award-winning platform that recently celebrated its one-year anniversary, allows Canadian communications, marketing and IR professionals to move instantly from identifying an AI visibility gap to closing it via targeted multichannel content and distribution.

By leveraging PR Newswire’s purpose-built platform alongside Trajaan’s proprietary search intelligence data, PR and marketing teams can turn market insights and online search signals into actionable next steps. The report helps teams strengthen content planning and strategy, and optimize messaging for answer engines and generative engines across multiple content types. Then, through PR Newswire’s multichannel distribution solutions, communicators can reinforce their brand’s credibility signals with the world’s largest, most credible distribution network.

The wider availability of the report is the latest example of how PR Newswire is constantly innovating to help communicators around the world stay ahead of the curve in a fast-moving AI search landscape and reach target audiences wherever they are with on-brand content that resonates.

To learn more about the new capability and other features available in the Amplify Report module, visit https://www.newswire.ca/amplify-report-module/.

About PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 500,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our innovative AI-powered PR Newswire Amplify™ platform, award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive Multichannel Amplification™ catalogue of solutions to solve the modern-day challenges PR and communications teams face. For more than 70 years, PR Newswire has been the preferred destination worldwide for brands to share their most important news stories.

About Cision

Cision is the global leader in consumer and media intelligence, engagement, and communication solutions. We equip PR and corporate communications, marketing, and social media professionals with the tools they need to excel in today’s data-driven world. Our deep expertise, exclusive data partnerships, and award-winning products, including CisionOne, Brandwatch, PR Newswire, and Trajaan, enable over 75,000 companies and organisations, including 84% of the Fortune 500, to see and be seen, understand and be understood by the audiences that matter most to them.

 

View original content:https://www.prnewswire.com/news-releases/pr-newswire-aeo–geo-brand-report-now-available-in-canada-302910235.html

SOURCE PR Newswire

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Swift Current Energy Appoints Scott Koziar as Chief Development Officer

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Industry veteran brings more than two decades of power sector experience as Swift Current scales development to meet rising U.S. electricity demand

HOUSTON and BOSTON, Oct. 19, 2026 /PRNewswire/ — Swift Current Energy (Swift Current) today announced that Scott Koziar has joined the company as Chief Development Officer and a member of its executive management team. Koziar will lead Swift Current’s development organization and advance its portfolio of utility-scale solar, wind and energy storage projects as data centers, advanced manufacturing and other large loads drive the need for new power generation across the United States.

Koziar brings more than 20 years of experience in the power sector, most recently serving as Chief Development Officer at Apex Clean Energy, where he oversaw a 63 GW pipeline of utility-scale wind, solar and battery storage projects. During his tenure, Apex commercialized 12 GW of projects now in construction or operation.

“Development is at the heart of what we do at Swift Current, and Scott is a proven leader who knows how to build teams and move complex projects from concept to operation,” said Michael Arndt, Chief Executive Officer of Swift Current Energy. “That experience is especially valuable today. The power market is changing quickly, demand is accelerating, and customers need solutions at a scale we haven’t seen in decades. Scott’s leadership will help us move faster and capitalize on the opportunities we see across our portfolio.”

“I’m thrilled to be joining Swift Current and grateful for the opportunity to work alongside such an experienced team,” said Koziar. “What attracted me to the company was its relationship driven culture and its track record of taking on ambitious, complex projects. With electricity demand reshaping the opportunity for new energy development across the country, I’m excited to build on that track record and help move the next generation of projects forward.”

Rick Miller, who has served as Interim Chief Development Officer since August, will continue with Swift Current as Senior Vice President of Development and work closely with Koziar to advance the company’s development portfolio.

For Koziar’s full biography and more information about Swift Current’s leadership team, visit the company’s Team page.

About Swift Current Energy

Swift Current Energy is trailblazing a path for clean energy now. Founded in 2016, the company develops, commercializes, owns, and operates highly competitive, utility-scale solar, wind, and energy storage projects across North America. The company has commercialized 5 gigawatts (GW) of clean energy projects, owns and operates more than 1 GW, and has more than 10 GW in development. Swift Current Energy is majority-owned by funds managed by IFM Investors and Lookout Ridge Energy Partners.

For more information, please visit swiftcurrentenergy.com.

Media Contact

Ellie Malone
Ellie@InnovantPR.com

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SOURCE Swift Current Energy

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2026 Belt and Road Journalists Forum opens in Nanjing, driving global media consensus

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NANJING, China, Oct. 19, 2026 /PRNewswire/ — A report from JiangsuNow.

The 2026 Belt and Road Journalists Forum convened on Oct. 17 in Nanjing, capital of Jiangsu province, highlighting the pivotal role of journalists and media leaders worldwide in furthering Belt and Road cooperation and advancing global governance.

Under the theme “Convergence and Connectivity•Innovation and Progress•Media Transformation amid Global Changes,” the event brought together nearly 100 journalists and representatives of journalists’ organizations from over 50 countries and regions for in-depth exchanges.

A series of practical mechanisms and dialogue platforms aimed at expanding international media exchanges were launched or upgraded during the forum.

At the main forum, the third batch of “International Home of Journalists” partnership certificates were presented to journalists’ organizations from 10 countries, including Chile, Cabo Verde, Mongolia, and Zambia. Meanwhile, the Global South Journalists Workshop Program was launched.

The Belt & Road Journalists’ Station in Jiangsu was also inaugurated at the Xinhua Daily Media Group in Nanjing. The Belt & Road Journalists’ Station aims to provide foreign journalists with integrated services such as news coordination, information consulting, and cultural exchange. Building on previous stations established in China’s Chongqing and Jiangxi province, the new station will further bolster the service network, offering an efficient platform for overseas media to better understand and report on China.

Prior to the main forum, participants joined the “Global South Journalists Explore China” field trips from Oct 13 to 15. International foreign media representatives visited Nanjing, Suzhou, Changzhou, Nantong, and Lianyungang to gain firsthand experience of Chinese modernization. In parallel, a series of Dialogue between Mayor/Secretary and Overseas Media activities were held across the cities, offering the global community a window into China’s development through Jiangsu while highlighting the enduring spirit of the Belt and Road Initiative.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/2026-belt-and-road-journalists-forum-opens-in-nanjing-driving-global-media-consensus-302912750.html

SOURCE JiangsuNow

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