| |
|
|
2006 Contract Management Benchmark Report
Procurement Contracts |
| |
| This AberdeenGroup study provides a comprehensive look at the state of the contract management industry by examining the strategies, procedures and technology investment plans of more than 200 companies. The report outlines the positive impact contract management automation can have on revenue, compliance and operational performance. |
| |
According to the report:
- The process for supplier contracts is still largely inefficient and labor-intensive; few companies have effective policies and procedures in place.
- Approximately 50 percent of companies admitted to having poor visibility into their supplier contracts.
- Nearly 80 percent of enterprises are using manual or only partially automated processes to carry out contract management activities.
- 'Best in Class' companies are out-performing the industry norm in compliance to contracts and are achieving savings with fewer resources.
|
| |
|
| |
Download this report |
| |
|
 |
“Our latest benchmark report provides insights into the benefits of automating the contract management process and how this has helped improve performance, included are also some practical, actionable steps to improve the efficiency and effectiveness of current processes within a company.”
-- Vishal Patel, Aberdeen research analyst and author of the report |
|
