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Contract Economics 101: Transforming Your Contracts into Opportunities

Dermot Whittaker Blog Posts, contract economics, contract management, contract managers, effectiveness, efficiency, Efficient, return on investment

In discussions of the ROI of a contract management system, the distinction is often made between efficiency and effectiveness. Getting more work done in less time, or at lower cost, is efficiency. When a contract management system reduces search time for contracts, allows standard language to be reviewed once instead of multiple times, and allows contract professionals to handle work that used to go to more skilled (and more costly) attorneys – that’s efficiency.

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Contract Economics 101: Building a Business Case for a Contract Management Software

Dermot Whittaker Blog Posts, business case, contract economics, contract management, contract management software, contract managers, return on investment

Post by Dermot Whittaker, Sales Support Manager, Corridor Company

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