Contract Management

5 Steps to Manage Contracts Efficiently –Step 3

Step 1 in managing contracts efficiently dealt with automating contract creation which helps standardize the contracting process and in step…

9 years ago

5 Steps to Manage Contracts Efficiently –Step 2

Till now we discussed how a successful sourcing strategy can be toppled by ineffective contract management and in our endeavor…

9 years ago

5 Steps to Manage Contracts Efficiently – Step 1

In the previous blog we discussed the spokes in managing contracts effectively, that the success of procurement largely depends on…

9 years ago

5 Steps to Manage Contracts Efficiently – Spokes in the Contract Life-cycle Management Wheel

A quote from Spend matters, highlights the importance of contract management. Even though defining appropriate sourcing strategy, selecting most competitive suppliers…

9 years ago

Driving Collaboration with Contract Management – Part 2

Part 1 of this 2 part series provides a brief overview into the reasons for the collaboration challenges between procurement…

10 years ago

Driving Collaboration with Contract Management – Part 1

The contracting process has always been a major point of discontent between procurement function and legal functions within an organization.…

10 years ago

These 5 Contract Management Best Practices can do Wonders!

What is Contract Management? Contract Management is the management of contracts businesses sign with their employees, customers,  partners, and vendors.…

10 years ago

Driving successful procurement technology initiatives

A recent study of 600 procurement and supply management professionals representing an estimated $370 billion or more worth of collective…

10 years ago