Contract management has become a critical business function within many organizations and a top initiative for C-Level Executives. Gartner, a leading technology research and advisory firm, suggests that contract lifecycle management is no longer a “nice to have" initiative, but rather a “need to have" business practice. 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.
Whether it’s a contract management improvement initiative or the implementation of a complete CLM system – unless you’ve led such an initiative before – it likely appears a daunting task.
In this webinar, we shared our recommendations for planning your contract management roadmap. We also addressed specific topics which 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
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