"I once stopped in my tracks when someone told me an all-too-obvious idea that I had never thought of: decent contract compliance to even mediocrely negotiated agreements trumps partial compliance to the best sourced deals. It's simple and true. Non-compliance can render great sourcing and procurement triumphs elsewhere moot. This is why I'm excited to speak about this topic on this webinar."
As “risk aware procurement” is becoming an increasingly important methodology, the presenters will explore in-depth how the role of procurement in contract compliance is critical, if not mandatory. Along with contextualizing contract compliance through vertical industry examples and customer business cases, a range of related topics will include:
- CLM – the nexus of compliance, stakeholders, suppliers and customers
- Why compliance is the new savings
- Integrating contracts and procurement seamlessly
- How process management simplifies collaboration
“Combining contract management in an overall source-to-pay process enables better contract compliance because the process is managed from start to finish, upstream and downstream. Customers who are leveraging procurement, supplier management and contract management on the Determine Cloud Platform are benefiting from procurement’s centralized role and global perspective to optimize savings, efficiency and supplier performance through contract compliance.”
Online registration for the webinar is still available.
About Spend Matters
Spend Matters is a leading global B2B network focused on procurement and supply chain content with hard-hitting research, analysis, commentary and breaking news coverage. Spend Matters publishes more research than any other analyst firm and has unmatched subject matter expertise and depth of knowledge from its wealth of contributors, ranging from senior practitioners and consultants to technology experts. Spend Matters is operated under management company
The Determine Cloud Platform gives procurement, finance and legal professionals the ability to deliver profound insights through analysis of their supplier relationships and contractual requirements. Our customers leverage the Determine Cloud Platform to discover previously unseen supplier and spend data; make more informed and smarter business decisions; drive new revenue; control costs; improve workflow efficiencies; and mitigate risk.
Our customers benefit from the Determine Cloud Platform’s robust suite of integrated applications. Whether they start with a full-suite implementation or choose to implement just one application and build over time, each additional application allows for the automatic sharing of data already in place on the Determine Cloud Platform.
For more information, please visit: www.determine.com.
Source: Determine, Inc.