Contract Management Lifecycle Process Ppt

You can accurately describe CLM`s role in automating and streamlining contracting processes throughout the initiation, authorization, negotiation, renewal, and other phases. Project managers and senior executives can use this feature-rich game to introduce CLM steps and show how it helps effectively manage contracts and agreements between companies while eliminating financial, legal, and procurement risks. In addition, the set is the best choice to present the best practices and benefits of the CLM process. Learn what contract lifecycle management is, what the four steps are and what they encompass, and what skills you need for successful contract management. What are the benefits of CLM solutions? Effective centralized contract management combined with CLM solutions helps companies save money and gain efficiency Impact on bottom line 79% of managed expenses 1.38 times more likely to avoid penalties 17% Average contract savings achieved 2 times more likely to track discounts 6 Times more reduction in cycle time 77% more likely to verify the achievement of contract milestones/status 71% of users have seen the effectiveness [Source: Aberdeen Group, November 2011] Keep your spending under control. Procurement Contract Lifecycle Management – Assessing the Value of Contract Automation DOWNLOAD THE WHITE PAPER www.selectica.com The set contains all the elements needed to design an impressive presentation. So, download it immediately!. . . .