Contract Management White Papers

Cut Costs

Goldman Sachs cautions that the ROI likely will vary by industry, but suggests that contract automation could cut operating and processing costs associated with managing contracts by 10 to 30 percent
"Time To Manage Those Contracts!"
www2.goldmansachs.com

Improve buy and sell contracts

Best in class companies managing contracts are able to achieve over 90% compliance to transactions on the buy-side and close to 90% contract renewal rates on the sell-side
"Contract Management in the Mid-Market!" July 2006
www.aberdeen.com

Companies need systems in place to manage their obligations

"A board [of directors] must be aware of the company's legal obligations and must ensure that these are fully met"
Geoffrey Bowes - Chairman, The Boardroom Practice Limited
www.boardroompractice.co.nz

Contract Management for organisations with contracts

"Contract management is the discipline to ensure that contracted rights and obligations are executed upon."
David Ross - i-Scio procurement expert
Joint Procurement Group Presentation