The dramatic events created by the pandemic have created an awakening in executive management, a recognition that contracts permeate the business and go to the heart of its efficiency and value.   

They are right to focus. As revealed in this high-anticipated benchmarking report from World Commerce & Contracting, an average 25% of the workforce is involved in some way with managing contracts. The report also reveals the growing cost of neglect – and the benefits that flow from investment and changed expectations, including: 

  • 80% reduction in cycle time from bid to signed agreement 
  • 8% reduction in average contract erosion 
  • Proactive risk management 
  • Improved profitability 

    Access the report today to understand the growing gap between the best and the rest, and how leaders can forge ahead with new measurements, better tools, and a superior understanding of risk. 

     

    Benchmark Report 2021

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