Many think of the contract management group as playing an administrative role within any organization. However, a structured and efficient contract management process can serve as the backbone to ...

Contract management involves overseeing agreements made with suppliers, customers, partners and employees. Effective oversight is critically important because sales can be lost and regulatory ...

The average business manages between 20,000 and 40,000 contracts at any given time. With that kind of volume, and the risk of compounding inefficiencies in time and cost, firms simply can't afford to ...

Opinions expressed by Entrepreneur contributors are their own. Back-office operations are crucial for keeping your company running smoothly, and adequate management of your business’s contracts will ...

Business owners have important functions to play when it comes to managing the contracts they enter into with vendors, customers and employees. The field of contract management seeks to provide a ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Between Dodd-Frank, MiFID, Initial Margin and EMIR, the pace of regulatory-driven change ...

The purpose of this document is to clarify the roles and responsibilities of RIT departments involved in the supplier contract review process including the department procuring the goods or services, ...

Technology, automation & digitization have been touching every aspect of business process. Be it customer engagement, product marketing, business operation transformation, HR processes, payroll, ...

Contract management is an area that poses a significant challenge in banking, financial institutions and enterprise operations. Many times, manual contract processing becomes a bottleneck for ...