Understanding CLM: Insights from the Pharma Industry with Angelina Bellanton

WHAT WE DISCUSS:

• [00:29] - Angelina's background and contract work
• [01:47] - Day-to-day work of a pharma contract team
• [03:05] - How implementing a CLM system improved communication between legal and finance
• [04:27] - Impact of tools like Agiloft on daily tasks
• [06:13] - Importance of a well-designed contract intake form.
• [08:15] - Issues that can be resolved using automation tools such as Agiloft.
• [10:42] - Compatibility of CLM with other departments
• [13:31] - Engaging stakeholders with KPIs and dashboards
• [15:16] - Continuous training for effective CLM use
• [17:28] - Managing Agiloft implementation and customization
• [20:31] - Tips for evaluating CLM vendors
• [22:55] - Choosing the right implementation partner

NOTABLE QUOTES:

• [10:58] “You have to think about the organization as a whole and being in a system that you can actually grow into, and that's going to continue to fulfill the business needs.” - Angelina
• [16:38] “The things that you don't know at the beginning of an implementation aren't going to be the same things that you don't understand at the end.” - Marc 

USEFUL RESOURCES & LINKS:

• Angelina Bellaton on LinkedIn
• The Contract Heroes Podcast
  • on Apple Podcasts
  • on Spotify
• The Contract Heroes Website
• Marc Doucette on LinkedIn
• Pepe Toriello on LinkedIn