Bigger & Faster: How to Improve Contract Management ROI

By Maria Votlucka on 09/6/19

Contract managers, contract administration professionals, and corporate legal teams struggle to show clear contract management ROI to executive leadership within their organizations.  This struggle to show value is not isolated to one contract management challenge, but rather, it is a conglomeration of issues with manual contract management systems, lack of communication, and misaligned goals.  For organizations managing hundreds or thousands of contracts each year, the bottom line can be hit from multiple angles from increased costs to decreased revenue to lost time to missed opportunities to increased risk.  This article analyzes the root causes of missed ROI and presents a strategy to get the most value out of contracts.

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