Execo Edge Blog
Insights at the intersection of GenAI and contracting.
6 DORA Contracting Risks for Financial Institutions — and How to Address Them
In July 2024, a routine software update from a major cybersecurity vendor triggered a cascading IT outage—crippling financial institutions worldwide. Trading systems went offline, payment networks stalled, and customer portals froze. It wasn’t a cyberattack. It wasn’t a data breach. The now-renowned CrowdStrike outage was a failure of third-party risk oversight, buried in contractual fine print.
8 Hidden Pitfalls in Healthcare Provider Contracting—And How to Avoid Them
Healthcare contracting has undergone a seismic shift. What was once a straightforward exchange of services for payment has morphed into a labyrinth of value-based care agreements and compliance obligations. Providers are no longer just negotiating terms — they are navigating the intersection of quality metrics, patient outcomes, and financial risk.
9 AI Trends Set to Reimagine the Legal Landscape in 2025
In my 15 years of lawyering—first in traditional law firms and later across various industries as in-house counsel—one problem has remained stubbornly familiar: contract management can feel like chasing after scattered puzzle pieces. I’ve seen time lost sifting through old folders, wrangling with cluttered Google and OneDrives, rummaging through colleagues’ email archives, and even digging through old USB sticks. Countless times, I’ve had to ask colleagues to verify whether my contract file was the latest version. It’s not just frustrating; it’s a costly distraction that pulls us away from what really matters—serving clients, guiding strategic decisions, and managing risk.
11 Reasons Why CLM Implementations Fail—and How to Avoid Them
Implementing a Contract Lifecycle Management (CLM) system is a major investment, and it's one that holds the potential to transform how your organization handles contracts—from streamlining processes to enhancing compliance and boosting efficiency. But the stakes are high. A failed implementation can lead to wasted resources, disrupted workflows, and even legal risks due to mismanaged contracts.
How Innovating with AI Empowers People and Improves Customer Experience
Many organizations today view AI primarily as a tool for automating processes, enhancing efficiency, or even replacing human roles. This narrow perspective misses AI's broader, more powerful potential. At Execo, we have a different take: AI should be used to enable people to work smarter, be more creative, and focus where it truly matters. We see AI as a partner that amplifies human capabilities, eliminates inefficiencies, and drives true innovation in how we deliver services.
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