The Rewards of Best-in-Class Contract Management

An Ardent Partners Report

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Date: 02 February, 2015

Close the gap between sourcing and contract management and you’re on the road to best-in-class contract management, the rewards of which are many. These include …

  • More spending on-contract (much less maverick spending)
  • Up to 40 percent less savings leakage
  • Lower risk of missing deliverables or contract milestones
  • Faster contract cycles
  • More efficient contract tracking and administration

High-performers accomplish these things with cloud-based solutions and tools that provide …

  • A centralized, searchable contract repository
  • Powerful search and reporting features
  • Comprehensive contract process workflow with a full audit trail
  • Real-time monitoring of spend history and compliance

To find out how your organization can join the high-performers, download this complimentary report today.

 

“Those enterprises that deem contract management a critical component of their overall procurement programs are the ones that avoid savings leakage, maintain legal and financial visibility, and ultimately drive more value to the greater organization.”  - The Rewards of Best-in-Class Contract Management, Page 2

 

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The Rewards of Best-in-Class Contract Management
02/04/2015
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best practices
industry-research
Industry Research
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