Ineffective contract management costs businesses up to 9.2% of annual revenue (IACCM).
Manual contract management by default is ineffective and inefficient—manual contract management is proven to take more time and cost more than the alternative. Yet, 95% of companies still manage their contracts manually, discarding the potential to increase revenue and maintaining unnecessary costs.
The reverse, however, can increase success rates of change initiatives by 90%, produce large efficiency gains, automated compliance, increased revenue, and reduced costs.
The Best Practices for Contract Efficiency whitepaper contains:
- Techniques to increase revenue and reduce costs, while maintaining compliance
- Statistics on the cost of inefficiency and the possible gains of presented techniques
- Case studies exploring use cases for how to improve contract processes
Download the Best Practices for Contract Efficiency by filling out the form to your right.