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Webinar: The Power of Contracting to Accelerate Procurement and Mitigate Global Risk
Tuesday, March 03, 2020 3:00 AM PST | 6:00 AM EST | 12:00 PM CET | 4:30 PM IST Duration: 1.0 hour
Procurement organizations are facing increasing pressure to accelerate procurement and deliver quantifiable, sourcing-led cost savings to their enterprise.
In this webinar, Jenny Draper, Spend Matters General Manager, Europe and procurement industry expert; Richard Beaumont, Managing Director and Procurement Entrepreneur from Peer Pair Ltd; and Vivek Bharti, sourcing technology expert at Icertis, will discuss how leading procurement organizations are using concurrent contracting to meet these goals. Concurrent contracting is an emerging best practice that introduces contract language at the beginning of the sourcing process to avoid downstream delays after a supplier is chosen.
Enabled by cutting-edge contract management technology, concurrent contracting creates business value by reducing risk, streamlining workflows and speeding up contract cycles.
In this webinar we will discuss:
- What is concurrent contracting and how is it affecting procurement organizations
- How is Contract Lifecycle Management technology delivering cost savings and accelerating procurement cycle processes
- How can sourcing organizations minimize procurement risks in an increasingly complex, global business environment