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Tailoring Contract Management for Your Organization


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White Paper > 04/20/2009
Contract Management

Automating price compliance against your contracts is an important first step in managing procurement risk. But are you aware that poorly managed contracts are far too commonplace, leading to further (and expensive) procurement and financial risks?

Aberdeen Group research found that organizations implementing contract management solutions improve their spend compliance by up to 55 percent. They also found that contract management solutions minimize enterprise-wide risks when encompassing not only procurement, but also sales, real estate, HR, and intellectual property agreements.

Ariba's latest thought leadership white paper, Tailoring Contract Management for Your Organization, provides a checklist that will allow companies to assess their contract risks and health.