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| Contract Management in the Mid-Market |
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This AberdeenGroup report will help mid-market companies ($50 million - $1 billion) gain valuable insight into effective and efficient contract management methodology on both the buy and sell-side.
The study reveals that more than 80 percent of 140 companies surveyed use entirely manual or only partially-automated processes and systems. Key findings of the report include: |
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According to the report:
- Mid-market companies face significant challenges with contract management. In many cases, companies cannot even locate contracts that may be stored away in archaic filing systems.
- On the buy-side, contract management is seen as part of the heightened strategic importance of overall supply management.
- On the sell-side, companies are looking to contract management to improve customer relationships as well as to better assess and mitigate risk.
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Download this report |
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“The major goal for contract management within any company is to ensure that its commitments and obligations to customers and suppliers are clearly visible to the right people in the organization and that these commitments are promptly executed upon. Our latest contract management report provides insights into some of the unique challenges mid-market companies face, as well as what appears to be a preference for on-demand contract management software.”
— Vishal Patel, Aberdeen research analyst and author of the report.
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