Dialogue on Evolving Contract Management Practices

As a major move towards developing digital governance and regulatory compliance in Indian corporate, SignDesk organised a special roundtable on Digital Contract Transformation yesterday, at the Radisson Blu, Mumbai. The session saw more than 20 top legal and compliance professionals from some of India’s top organizations, such as Bisleri, Tata CLiQ, and The Whole Truth Foods.

Focusing on SignDesk’s recent industry report, Beyond the Signature, the roundtable discussed shifting contract management landscapes, increasing expectations of automation, and the practical challenges that organisations are still experiencing in their digitisation efforts.

Krupesh Bhat, SignDesk Founder & CEO, opened the evening with a presentation that captured key findings from the report. Based on in-depth market research, Bhat reported that electronic signatures are universally accepted, yet only 18% of Indian organisations have end-to-end Contract Lifecycle Management (CLM) systems in place. More than 57% use manual processes in contract drafting ...