Yesterday, we introduced the importance of contract management. Today, let's talk about specific benefits.
How can automated contract management benefit your business?
Sure, faster negotiation and lower risk sound good, but is sales contract automation really worth the effort and cost? As Dwyer and Carol Martz from the legal department of the Cleveland Clinic made clear in a presentation at Ariba LIVE 2014, the answer is a definite yes. Benefits of automating include:
Tomorrow: Best Practices
[ii] Source: International Association of Contracting and Commercial Management (IACCM