Gain Control of your Business with Contract Lifecycle Management
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Abstract
As global economic growth continues to deliver unprecedented challenges to organizations, an exponential growth in the volume of contracts can plague many companies. Legacy systems can no longer keep up with this growth and organizations are turning to more automated solutions.
According to Goldman Sachs, clients using formal contract management processes and software can speed up negotiations by 50 percent, reduce errors by 75 to 90 percent and enjoy a 10 to 30 percent reduction in operating costs.
In this latest white paper from Datavail, we’ll explore the mounting Contract Lifecycle Management (CLM) challenges and why adopting a software managed solution should be a strategic imperative for your business.