The Goal for implementing new software solution

  • Globalization of supply base and customer base introduces new regulatory and compliance challenges
  • Economic uncertainty and regulatory requirements have moved contract management to a strategic agenda item
    • Minimize cost
    • Maximize revenue
    • Ensure compliance
  • Contract lifecycle management automation delivers measurable improvements in financial and operational performance*:
    • Cycle times 21% lower
    • Contract compliance 38% higher

                  *Source:  The Aberdeen Group, October 2008