PANGEA3 LLC

Always looking to understand industry needs and growth, on October 26th through 28th, Pangea3 joined professionals from various industries including healthcare, electronics, technology, and insurance to discuss best practices and developments in contract management at Selectica’s annual Fusion Conference in Monterey, California.

The Fusion Conference opened with a keynote address by Tim Cummins, President and CEO of the International Association for Contract and Commercial Management. Cummins, widely know for being as captivating a speaker as he is an insightful thought leader, led conference participants through a strategy of change aimed at revitalizing and modernizing traditional approaches to contracts in the new world of financial reform and ethical considerations.

Over the course of the next two days, conference participants split into focus groups. Demonstrations of upcoming features of the award-winning, enterprise-class Selectica platform followed by user/developer feedback proved a valuable forum for progress in the contract management space, and focus groups on contract operations within the healthcare industry offered new approaches to long time challenges.

During the first session in the Legal and Compliance Issues track, Kevin Colangelo, our Vice President of Legal Services, presented a well received talk on Creating Greater Efficiencies in the GC’s Office. During the session, he presented ways to determine the most appropriate contract related projects for outsourcing and, judging from the audience feedback, presented novel yet viable ways to strengthen internal corporate control and organization while reducing costs.

In beautiful Monterey, it would be difficult to keep the good times restricted to industry learnings, though, and the Selectica organizers did a fabulous job combining work with play. Attendees kicked off the conference with a game of golf on the world famous Poppy Hills Gold Course on Pebble Beach, indulged in evening cocktails and casino play, and concluded the conference in style at a sit down dinner overlooking the sparkling tanks of nature’s most beautiful fish at the renowned Monterey Bay Aquarium.

We look forward to attending next year’s Fusion Conference and will continue to stay abreast of leading edge progress and challenges in contract management in order to better serve our clients.

The Center for Competitive Management (CCM) audio conference on law firm management will be held on March 2009. The 75 minute CLE session on the topic, Legal Process Outsourcing (LPO): Maximizing Cost Savings, Overcoming Challenges, will feature Jonathan Goldstein, Vice President, Legal Services at Pangea3, and Michael Mensik, Partner at Baker & McKenzie, as key speakers. Audio conference attendees will learn key strategies and best practices related to the legal outsourcing industry.

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