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Getting the Best Out of Your Contracts – 6 Ways to Improve Consistency, Confidence and Profitability

Aug 5, 2008

60 minutes

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Event Details

  • Featured Speakers

    Dan Bigos - Director of Industry Marketing, Horizontal Applications - IBM Enterprise Content Management

    Michael Krieger - VP, Market Experts Group - Ziff Davis Enterprise

    Omri Duek - Senior Research Analyst, Dynamic Content Software Strategies - InfoTrends

    Cumbersome paper-driven processes. Prolonged development and review cycles. Version control. Accessibility and auditability issues. Contracts are a critical source of information to an ever-larger number of employees and business processes, so contract lifecycle management impacts a wide range of activities across an organization. But, how do you make them work better for you? Did you know:

    • 81% of Global 2000 companies said finding contracts was a concern; 75% listed contractual risk as a major area of concern; and 61% had no idea of the interdependencies among their contracts (Journal of Contract Management)
    • Contract automation could accelerate negotiation cycles by 50%, reduce erroneous payments by 75-90%, and cut operating and processing costs associated with managing contracts by 10-30%. (Goldman Sachs)
    • Companies could realize savings that equate to 2% of total annual costs by eliminating inaccuracies and non-compliance through improved contract management. (PriceWaterhouseCoopers)
    In this 1-hour live webcast, learn how the entire contract process can be managed more consistently, confidently and profitably through the application of enterprise content management. Join us when Omri Duek, Senior Research Analyst – InfoTrends, Inc., and Dan Bigos, Director of Industry Marketing – IBM Enterprise Content Management, identify six key ways to help improve your contract process.
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