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Advanced Contract Analytics Are Essential – Here's Why
As business competition increases, Deloitte's 2017 Global Chief Procurement Officer Survey notes that procurement "has an invitation to create a strategic advantage for the businesses ...

These 4 Risks Are Lurking in Your Contracts
The average Fortune 2000 company has between 20,000 and 40,000 active contracts at any given time. It is understandably difficult to manage that much information ...

Ensuring Compliance with an Enterprise-wide Contract Management Platform
Today's enterprises compete in a global marketplace characterized by uncertainty, complex supply chains, and stringent regulatory requirements. In this kind of business environment, compliance can ...

CIPS Risk Index Reports First Improvements in Six Quarters
The Chartered Institute of Procurement and Supply's (CIPS) Risk Index retreated from its record high in the first quarter of 2017 but potentially disruptive supply ...

Your Contract Management Software Is Really a Supplier Relationship Building Tool
When you hear the word ‘contracts', what do you think of? Closing deals? Generating revenue? Committing to obligations? Managing risk? Contracts are involved in nearly ...

Is Your Team Prepared for Contract Renewals?
Effectively managing contract renewals is essential for healthy supply chain performance. If a contract expires without notice, negative consequences may soon follow. Lapsed contracts can ...

How Well Does Your Current Contract Management System Handle Third-Party Contracts?
Managing the complexity of third-party contracts is an on-going challenge – especially for a global enterprise. Can your contract management system manage a third-party contract ...

Connecting the Dots Between Poor Visibility and Contract Compliance Issues
Contract compliance and management have become a critical focus for executives in organizations across the business spectrum. According to the PricewaterhouseCoopers State of Compliance ...

Enterprise Contract Management: Different Priorities, Same Needs
Several teams within every large organization handle contracts. But they approach enterprise contract management and creation from different perspectives and with different priorities: Procurement is ...

How to Find (Big) Hidden Contract Risks
What's it worth for your company to stay off the front page of the Wall Street Journal? We're not talking about positive press here, but ...