Procurement Sciences’ Post

Saw this WSJ article - could not agree more in Life Sciences. The problem is not just whether you have access to your data for AI, but whether your teams are running efficiently, with real systems of record, data sources, and a single source of truth. If your "SSOT" is Excel - something is wrong. While a lot of this does fall on the companies, leadership, and IT teams, a lot is also because the software companies have focused on selling their own solutions rather than building flexible ones. I think the next few years will see a radical shift in thinking away from the "does this software meet my current requirements" RFP checkbox exercise to "we will only buy software which is truly flexible in terms of workflow, data management, and integration" - very few tools currently meet that standard.

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Well, well. It seems like the cat is finally out of the bag and we are off to the races! We're excited to announce the launch of our new company, PostSig, Inc. Our team has been deeply involved in creating and selling data to market data and procurement professionals in Capital Markets for decades, and we've identified a common issue that many face. Once the initial excitement of securing new data and signing contracts fades, the real work begins. Managing data and contracts, tracking obligations, monitoring usage, and handling cancellations or renegotiations can be overwhelming and extremely reactive. We realized that there was a lack of automated solutions that provide objective and proactive insights to streamline the post-signature processes, so we founded PostSig, Inc. If you're curious about how PostSig, Inc. came to be, check out our blog post here: https://hubs.li/Q02w-l260 While data may be considered the new gold, the contracts that govern it often languish unused. PostSig, Inc. transforms these mundane contracts into strategic powerhouses with the help of AI-driven insights. Why choose PostSig, Inc.? - Deep capital markets & data expertise: Our team knows this space intimately. Years of conversations with hundreds, if not thousands, of procurement and market data pros helped us understand the challenges and validate our solution. - Maximize every agreement post-signature: We give your team the proactive tools and objective data to make the most of each contract. - Ditch the chaos: Say goodbye to spreadsheets and hello to insights. Ready to unlock the hidden power in your contracts? #PostSig #contracts #AI #datadriven #procurement #agreementmanagement

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Achieving real enterprise wide intelligent information management and thus enabling AI.

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