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Planning Your Contract Management Roadmap

Emily Goh-Marchese contract management, Webinars

Contract management has become a critical business function within many organizations and a top initiative for C-Level Executives. As Gartner puts it, contract lifecycle management is no longer a "nice to have" initiative, but rather a "need to have" business practice. Those who have implemented a CLM system see these benefits:

  • 82% reduction in contract approval time [Aberdeen]
  • 9% (of annual revenue) improvement in profitability [IACCM]
  • 20-50% reduction in contract management expenses [Goldman Sachs]

Given the revenue, expense and profitability impact as well as the risk associated with improper contract management processes, while it may present a variety of challenges, it is no longer one which can be avoided.

In this 45-minute complimentary webinar, we discussed about shared our recommendations for planning your contract management roadmap.

Specific areas of focus included:

  • Client Readiness and Contract Maturity Goals
  • Implementation Considerations
  • Delivery Considerations
  • Internal and External Participants and Responsibilities
  • Ensuring the Success of Your Constituents
  • ROI Justification
  • Samples of Case Studies

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