Solutions for Procurement Teams
Redefine procurement operations for success.
Tedious tasks, such as sourcing, contract creation, and vendor management, can consume valuable time and resources, hampering strategic Procurement initiatives. From tracking key contract milestones to centralizing contract documentation, Malbek CLM provides timely insights that reduce contract leakage and maximize contract value.
Strategic CLM Solutions for Procurement Teams
Procurement Use Cases
Purchasing Contracts
Gain control of your spending and establish agreements of goods or services. Track key details such as pricing, quantity, delivery schedules, quality standards, and payment terms and synchronize data between systems.
….Put the party back in 3rd party paper
Productivity at your fingertips.
Negotiate better deals.
Our clients have achieved remarkable results. Reducing cycle times by 70% or more and gaining complete visibility of their agreements, Malbek provides procurement teams with the tools to become strategic value creators. Negotiate better deals and advance your career in the process.
Deepen vendor and supplier relationships.
Procurement often wrestles with managing external party paper, non-preferred terms, poor contract visibility, and lack of automation. Take ownership of your vendor and supplier relationships to get better pricing, favorable contract terms, and enhanced collaboration. Armed with CLM, you can ensure compliance with regulatory requirements, internal policies, and industry standards.
Benefits of contract lifecycle management
Malbek CLM for Procurement
Optimize vendor management and monitor performance.
Mitigate risks during the procurement lifecycle.
Empower your negotiations with favorable terms and cost reductions.
Elevate Procurement’s role within your business.
Dig a little deeper
Ed Breault
March 21, 2025
Procurement Management – How Should Procurement Managers Use a CLM?
As a procurement manager or director, you know firsthand the challenges of managing contracts effectively. Rising workloads, manual processes, and scattered documentation can quickly overwhelm you. Bu...
Colin Levy and Matt Patel
March 20, 2025
Colin Levy Promoted to General Counsel at Malbek
Pioneering Legal Technologist to Lead Company’s Legal Strategy During Period of Global Expansion, Exemplifying the Rise of the Tech-Centric General Counsel PRINCETON, NJ — March 20, 2025 (GLOB...
Lizzy Painter
March 18, 2025
Electronic Contract – When to Use CLM for Digital Contracting?
“Switching from manually written, Word-based legal documentation to digital e-contracts feels like putting down the ink pen and using a typewriter instead.” – Everybody who ever tried Digita...