Best Practices For Contract Efficiency

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