Senior leaders are beginning to realize just how much of their company’s financial results and operational effectiveness flows through contracts. Connecting important contract data to managers who run the business is now an operational priority. And for good reason, considering that a McKinsey & Company article estimated that “suboptimal contract terms and conditions,” in addition to inefficient contract management, can cause up to a 9% loss in annual revenue. There’s simply a better way to manage your contracts now. A way that hasn’t really existed before now.

Contributors: Terzo
Categories: 2022 Fall - Rancho Mirage, Summit Presentations
SRC Type: Compliance, Sourcing Management