In this article some valuable insights on how scale-up companies can leverage contract management best practices to fuel their hyper-growth journey. As scaling up brings new challenges, having a robust contract management strategy can be the key to success. Let’s dive in!
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Having a dedicated Process Owner for Contract Management can bring tremendous value to your business. This individual is responsible for overseeing the entire contract management lifecycle, from drafting and negotiating contracts to monitoring compliance and performance. By having a process owner, you can streamline your contract management processes, mitigate risks, and maximize the value of your contractual agreements.
[Read more…] about The Value of a Process Owner in Contract Management
Here’s a topic that is relevant to professionals across various industries: the difference between realizing organizational objectives and simply buying something. While both activities involve achieving desired outcomes, there are fundamental distinctions that we should be aware of. Let’s explore further!
[Read more…] about Understanding the Distinction: Realizing Organizational Objectives vs. Buying Something
As professionals in the procurement field, we constantly strive to optimize our processes and ensure the best outcomes for our organizations. However, even the most experienced procurement teams can sometimes fall victim to common pitfalls that can hinder efficiency and effectiveness.
[Read more…] about Top 10 Classical Procurement Mistakes
The European Banking Authority’s (EBA) regulations have a significant impact on how companies use contract lifecycle management (CLM) and run their contract management operations. Established in response to the financial crisis of the late 2000s, the aim of the EBA regulations is to improve the stability and resilience of the banking industry, protect consumers and investors, and ensure that the industry operates in a transparent and accountable manner.
[Read more…] about Why Contract Management Is Key For EBA RegulationsThis website uses cookies to ensure you get the best experience on our website. More information
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