Contracting Excellence Journal

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If you are frustrated with using contract management automation, you’re not alone. 

A recent survey by IACCM revealed that many contract managers have backed away from using contract management automation systems or are tempted to do so.  Responders rated benefits of automation a mere 4.2 out of a possible 10 approval points. They identified many costly and time consuming problems that collectively point to two issues. 

  1. Organizations are failing to successfully adopt these systems or integrate them into their processes.
  2. Less than one third of automation users can demonstrate an ROI from their investment. 

Don’t give up – bad news is getting good!  Two new solutions could put you on track, doing routine CM tasks automatically, leaving you more time for more complex challenges. 

First, read through our recent IACCM - Capgemini Automation Report - Transforming Contracts and Commercial Management. It is designed to simplify the selection procedures for everyone and offer a way to promote your products and give your potential customers the chance to evaluate their choices.  And no fee!

Second, try the new Automation Tool at software.iaccm.com.  It’s easy hands-on, fast, and can give you a new path to follow in your search for faster, better way to do contracting. 

ABOUT CAPGEMINI and IACCM

Capgemini is a global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients' opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. It is a multicultural company of 200,000 team members in over 40 countries. The Group reported 2017 global revenues of EUR 12.8 billion.

IACCM is recognized worldwide for its work in research, training and professional development. It offers unique benchmarks and capability assessments to members in more than 160 countries, including not only major international corporations, but also to Governments and agencies such as World Bank, NATO and the United Nations. Our mission is to identify and promote the international standards and practices for defining and managing trading relationships. We develop and communicate leading practices that support economic growth and organizational success by ensuring commitments are ethical, achievable and sustainable.

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Topics: performance management, organization & people, contract management

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