Budgets have been set, eSourcing projects are in full swing and your Contract Management team is as busy as ever. This week's Ariba Knowledge Nugget is the first in a multi-part series of Contract Management How-To's. Having a smooth contracting process is essential for keeping your business up and going. These Knowledge Nuggets are intended to reinforce concepts, provide additional feature/functionality training, and keep your team up to speed on how to use your Ariba Contract Management solution.
Part 1: Attrition -–noun // a reduction or decrease in numbers, size, or strength.
Attrition is a serious concern for many organizations, irrespective of the industry in which they are operating. Employees coming and going from your organization can have less of a disruptive impact if you have a process in place for handling your sensitive documents and contracts. This week’s Ariba Knowledge Nugget will cover a routine How-To that you should consider documenting so as the door opens and closes in your organization you maintain audit, consistency and minimize impact to your organization as much as possible.