| Aberdeen research of contract management operations and performance at more than 300 enterprises over the past two years has quantified the significant impact contract lifecycle management (CLM) automation can have on revenues, costs, compliance, and operations.
Despite such benefits, line-of-business and information technology (IT) executives often are uncertain how to best approach CLM deployments. Contract management spans and impacts all aspects of the organization; process and system investments in this area can be politically charged and highly fractious issues. And, following time-consuming enterprise resource planning (ERP) system deployments and stalled e-marketplace initiatives, many companies remain gun-shy of large enterprise application deployments.
This report examines the most successful CLM implementations and provides a recommended deployment road-map to speed implementation, maximize results, and minimize internal resistance and change management issues. It also includes the quantitative cost and ROI metrics required to build a fact-based business plan for CLM deployment.
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