Thought Leadership White Paper
|
|
- Victor Reed
- 8 years ago
- Views:
Transcription
1 Thought Leadership White Paper
2 Introduction Contracts form the foundation of all businesses and every business relationship. They define every aspect of a business s activities procurement, sales, marketing, finance, legal, and human resources. They specify pricing, service levels, and all the other responsibilities and expectations of a business. Many corporations maintain tens of thousands of active contracts, and the quantity and complexity of those contracts are increasing. Contract management software addresses the needs of today s companies to gain the most value possible from their contracts. It helps to control spending, mitigate risk, enforce compliance, and recognize opportunity. In the form of contract lifecycle management (CLM) solutions, it provides the necessary oversight and control to craft better contracts and verify that contractual obligations are fulfilled. The Benefits of CLM Systems Despite the fundamental nature of contracts to business, and the benefits of managing contracts more proactively, surprisingly few businesses have realized how CLM software can increase the value of all their contracts. Lacking the robust view of opportunity and risk that comes with a CLM solution, those companies expose themselves to increased costs, lost revenue, poor corporate compliance, and the risk of regulatory penalties. According to a study by The Economist, only about ten percent of corporate executives have sufficient access to the information they need to make important business decisions. Another survey showed that more than 50 percent of corporate executives are uneasy about making errant decisions because of a lack of timely and reliable information. A larger proportion of corporate executives, 80 percent, identified access to better information as the key factor in improving business performance. CLM is a tool that can significantly improve the quality and timeliness of this information that means so much to executives. It helps assess and mitigate risk, which, according to the Aberdeen Group, 42 percent of enterprises identify as the top
3 driver for improving contract management. The report also noted that nearly two-thirds of the enterprises using CLM credited the technology with improving their exposure to financial and legal risk. By integrating contract creation, management, and electronic archiving, CLM solutions make all the information in all of a company s contracts available in real time. Executives and managers who need that information to make decisions can find it, understand it in context, and use it to their company s advantage, for example, by gaining insight from contract performance analyses. Facilitating contract access leads to improved terms that a business writes into its contracts. By enabling a deeper and more contextualized understanding of contract risks and obligations, CLM minimizes risk and ensures the best return on the contracts it is used to create. For businesses with considerable compliance requirements health care, government, finance, etc. CLM systems ensure that contracts properly incorporate regulatory obligations, that both parties meet their obligations, and that reporting requirements are properly completed. Because CLM systems automate contract creation, they can reduce a company s legal budget while enhancing contract quality and freeing legal resources to perform more highly valued activities. Integrated with other business systems, such as enterprise resource management (ERM), contract management solutions multiply their value and further enhance a business s competitiveness. The strongest proof of CLM s benefits may be the rising adoption rate that such systems are now experiencing. Some analysts have predicted that the market may approach $6 billion by 2014, and Gartner estimates that the compound annual growth
4 rate will exceed 10 percent. While legal departments and sourcing professionals are driving much of that growth, sales, marketing, and HR departments are also catching on quickly. Just as contracts touch every aspect of practically every business, the economic effects of implementing an innovative CLM solution can be evident and measured across the enterprise. Hallmarks of a Best-in-Class CLM Solution With an increasing number of CLM vendors in the market, prospective customers need to know how to evaluate which solution will best serve their needs. Some high-level criteria are: Support for all contract types: buy side (procurement), sell side (sales), and nonmonetary (NDA, noncompete, etc.) Central repository with management tools Compliance management Real-time alerts Advanced security features Easily integrates with customers IT systems Contract Creation Automating contract creation, and introducing flexible and unambiguous workflow for the process, are two of the first ways that a CLM solution can begin providing value to a business. Relying on in-house or outsourced legal expertise to create contracts from scratch will typically be far more costly than using automated contract authoring software.
5 To create new contracts, some systems use question-based wizards and clause libraries to generate most of a contract s text. Your CLM solution should also be able to import existing contracts and extract clauses from them for use in the library. Some solutions also include clause analysis features, which can provide insights into a business s most frequently used templates and clauses. Electronic workflow facilitates collaboration, speeding the creation of new contracts, and improving their quality while eliminating editorial ambiguity and ensuring proper approval. Look for workflow flexibility and the level of workflow complexity a solution supports. The workflow engines of the best-in-class CLM solutions dynamically route contracts to the proper internal approver or reviewer, using a configurable set of contract variables, such as contract type, product or service being exchanged, monetary value, and risk level. The best solutions also allow for collaboration with external parties, which can lead to more win-win contracts and strengthened business relationships. Repository and Contract Management A contract repository, part of which is the clause library, is the heart of all CLM solutions. When considering a vendor s offering, your primary considerations should be secure access, version control, audit trails, metadata management and searchability. Access control typically enables search, reading, editing, and approval access to specified persons. It ensures that all authorized users have the access they need while preventing access by all unauthorized persons. By providing users with intuitive search, read, and copy access to previous contracts, a good CLM solution enables focused and contextualized understanding of the agreements a contract is specifying. The best solutions provide for wireless access by authorized devices of many types, such as smart phones and tablets. Version control eliminates the ambiguities that can crop up when several parties are developing a contract. It ensures that, when someone is editing or giving approval to the contract, he or she is working with the proper version. Audit trails are an aspect of
6 version control. They document each time a contract is accessed, edited, and approved, identifying the individual who referred to the contract. A solution s repository and contract management system is only as effective as its filing and search capabilities. Can you customize the solution s filing hierarchies to reflect the organization of your company? How intuitive is its search engine? Can it find every sort of content you need to evaluate? One example of how a repository and management system can save you money is by evaluating evergreen contracts. These agreements automatically renew if you do not provide written notice otherwise before a defined date. In many cases, evergreen contracts include automatic price increases. A robust contract management system will automatically notify the responsible party when the auto-renewal date is approaching. Failing to notice the automatic renewal date can burden your business with suppliers you might rather do without, and increase your cost of doing business. A complementary example also relates to contracts that are coming up for renewal. Upon automatic notification that a contract is due for renewal soon, a manager could then evaluate the contract s performance, and proactively engage with the client to negotiate better terms. Some CLM vendors claim that their solutions can improve revenue on renewed contracts by as much as 30 percent. Compliance Management Regulatory compliance is critical in many industries. Penalties for noncompliance can reach far beyond fines, and can potentially affect a company s reputation and ability to remain competitive. CLM solutions ensure compliance by confirming that all versions
7 of a contract carry all required clauses, and by verifying the satisfaction of contract commitments. Compliance items the terms or clauses that control the contractual relationship could be related to insurance, credit risk, certifications, and so on. By carrying compliance items to a contract, a CLM solution ensures the inclusion of the corporate policies and procedures that provide the level of auditable governance required by such legislation as the Sarbanes-Oxley Act. CLM also involves compliance monitoring, such as helping to verify that a vendor has renewed its annual insurance as required by a contract. When a CLM system is informed of such a requirement, it could automatically notify the contract manager when the required documentation from the vendor is due. Other forms of compliance include a checklists of items to be verified before a contract can be effective, and minimium levels of yearly spend required to maintain discount levels. Alerts The power of a repository and management system becomes most evident in a solution s alerting capabilities. The best-in-class products include flexible dashboards from which users can call up predefined reports and create custom alerts. Examples of this functionality include calendars of milestones and reporting dates, performance comparisons, and alerts for price noncompliance. These features give new decisionmaking capability to managers and executives. A superior CLM solution can deliver this information reliably and in real time. Businesses that rely on IT personnel to prepare custom analyses on contract performance, or on staff to retrieve and analyze paper contracts, are losing a competitive edge to businesses that have effective CLM solutions. Such forwardlooking companies can react to changing conditions faster, discover opportunities and risks more easily, and continually fine-tune their policies to remain ahead of the game.
8 Security Naturally, you want your CLM solution to provide all the security you have depended on to this point. That means a repository with a hierarchical system of document access. Depending on your industry, access to areas of the repository can be based on organization unit, user role, or at the individual level. The system should recognize users attempting to access documents as not authorized, and authorized for read only, read and edit, and read, edit, and approve. Deployment and Integration An excellent indicator of how well a vendor s CLM solution will integrate into your information systems generally is the strength of that vendor s solution in the market. The best-in-class solutions will integrate well with Microsoft Word software standard in legal departments and support contracts in multiple languages. One of the great strengths of the best CLM solutions is that they are flexible and robust enough to allow decision-makers to access reports and design analyses on their own, without having to rely on specialized IT expertise. Solutions that rely on IT expertise to change system behavior can delay the delivery of crucial business information, and degrade the quality of the information delivered because of translation issues between the executive suite and the data center. Other issues to consider include whether the vendor offers worldwide support, how well their solution integrates with the systems of your business partners, and the degree of buy-in the solution has enjoyed in other deployments.
9 Best-in-Class CLM: Smoothly Delivering Positive Business Results A contract lifecycle management system can quickly prove its worth by reducing the costs of paper-based contract management, and increasing revenues through the creation and improvement of CLM-produced contracts. The demonstrable ROI of CLM is the result of: Streamlined contract creation Improved contract monitoring Enhanced corporate, industry, and governmental compliance Facilitated searching and reporting Improved security Backed by a robust repository for contracts, the best CLM solutions reduce the time and cost for contract creation by using templates and online collaboration. Searching and monitoring capabilities identify and prevent overcharges and off-contract spending. Reporting tools ensure that milestones are met and renewals are dealt with wisely. Compliance features reduce the risk of regulatory penalties and enforce corporate policies. And security standards provide all the access necessary to those who need it, and prevent access to those who do not. A CLM solution may be the most cost-effective investment your company makes this year.
10 About SciQuest SciQuest s (NASDAQ: SQI) easy to use solutions help contract management, procurement, and accounts payable professionals make daily operations efficient through smart automation, and turn the focus on more strategic decisions that impact the bottom line. With unmatched visibility into spending, combined with the Power of Q the Company s unique combination of products and support SciQuest provides organizations with a strategic approach to procurement, improving bottomline results. To join the conversation, please visit our blog, The Open Kitchen or follow us on Copyright 2012, WinGreen Marketing Systems, LLC. All Rights Reserved. This content is used with permission under license to SciQuest, Inc. by WinGreen Marketing Systems, LLC. The author of this work for copyright purposes in the United States and all other countries is WinGreen Marketing Systems, LLC. For information, contact support@wingreenmarketing.com. SciQuest, SelectSite, LifeCycle, HigherMarkets and Discover Efficiency are registered trademarks or trademarks of SciQuest, Inc. All other company, product, and brand names are trademarks of their respective owners. The information provided in this document is for informational purposes only. It does not imply or create an offer to buy nor an offer to sell any products or services.
Contract management's effect on in house counsel
IBM Software Industry Solutions Industry/Product Identifier Contract management's effect on in house counsel Impacting contract visibility, analysis and compliance Emptoris Contract Management Solutions
More informationBest Practices in Contract Migration
ebook Best Practices in Contract Migration Why You Should & How to Do It Introducing Contract Migration Organizations have as many as 10,000-200,000 contracts, perhaps more, yet very few organizations
More informationImproving sales effectiveness in the quote-to-cash process
IBM Software Industry Solutions Management Improving sales effectiveness in the quote-to-cash process Improving sales effectiveness in the quote-to-cash process Contents 2 Executive summary 2 Effective
More informationSOLUTION BRIEF: CA IT ASSET MANAGER. How can I reduce IT asset costs to address my organization s budget pressures?
SOLUTION BRIEF: CA IT ASSET MANAGER How can I reduce IT asset costs to address my organization s budget pressures? CA IT Asset Manager helps you optimize your IT investments and avoid overspending by enabling
More informationProcurement General Session: Empowering Modern Procurement
Procurement General Session: Empowering Modern Procurement Business Driven. Technology Powered. Marco Rossi SCM Product Development Director - EMEA Safe Harbor Statement The following is intended to outline
More informationEmptoris Contract Management Solution for Healthcare Providers
Emptoris Contract Management Solution for Healthcare Providers An Emptoris White Paper Emptoris, an IBM Company www.emptoris.com CMS-HP-4/12 Emptoris Contract Management Solution for Healthcare Providers
More informationSharePoint and Contract Management. Alan Weintraub Practice Director ECM Consulting (610) 234-4032 (office) (484) 467-5720 (Mobile)
1 SharePoint and Contract Management Alan Weintraub Practice Director ECM Consulting (610) 234-4032 (office) (484) 467-5720 (Mobile) 2 Agenda What is SharePoint MOSS 2007 Contract Management Demonstration
More informationAnalysis. The Opportunity to Automate Accounts Payable. January 2014. Service Areas. Comments or Questions? Digital Peripherals Solutions
Analysis January 2014 The Opportunity to Automate Accounts Payable Service Areas Digital Peripherals Solutions Network Document Solutions Professional & Managed Print Services Comments or Questions? Table
More informationCurrent Challenges in Managing Contract Lifecycle Management
Current Challenges in Managing Lifecycle Management s are the bloodline of your business. Due to increased pressure in volume, complexity and regulatory compliance, contracts have evolved from a simple
More informationuplevl Empower data. Improve business ef f iciency. Go Paperless with End-to-End Accounts Payable Automation: An Uplevl White Paper
uplevl Empower data. Improve business ef f iciency. Go Paperless with End-to-End Accounts Payable Automation: An Uplevl White Paper Overwhelmed with piles of paper invoices, purchase orders and contracts?
More informationSEVEN WAYS THAT BUSINESS PROCESS MANAGEMENT CAN IMPROVE YOUR ERP IMPLEMENTATION SPECIAL REPORT SERIES ERP IN 2014 AND BEYOND
SEVEN WAYS THAT BUSINESS PROCESS MANAGEMENT CAN IMPROVE YOUR ERP IMPLEMENTATION SPECIAL REPORT SERIES ERP IN 2014 AND BEYOND CONTENTS INTRODUCTION 3 EFFECTIVELY MANAGE THE SCOPE OF YOUR IMPLEMENTATION
More informationVeramark White Paper: Reducing Telecom Costs Why Invoice Management is the Best Place to Start. WhitePaper. We innovate. You benefit.
Veramark White Paper: Reducing Telecom Costs Why Invoice Management is the Best Place to Start WhitePaper We innovate. You benefit. Veramark White Paper: Reducing Telecom Costs Why Invoice Management is
More informationConnecting your global manufacturing company NEXT»
NEXT» 2 Procurement/Purchasing Accounting & Finance Human Resources Operations IT Engineering Legal & Governance, Risk & Compliance (GRC) Research & Development Sales/Customer Service Logistics & Supply
More informationProduct Lifecycle Management in the Medical Device Industry. An Oracle White Paper Updated January 2008
Product Lifecycle Management in the Medical Device Industry An Oracle White Paper Updated January 2008 Product Lifecycle Management in the Medical Device Industry PLM technology ensures FDA compliance
More informationHow to Set Up and Use PeopleSoft Procurement and Supplier Contracts
How to Set Up and Use PeopleSoft Procurement and Supplier Contracts Keith Olander Director Product Management SCM PeopleSoft Copyright 2014 Oracle and/or its affiliates. All rights reserved. Oracle Confidential
More informationA Procurement Leader s Guide to Contract Management
A Procurement Leader s Guide to Contract Management Integrating Contact Management with Your Procurement Strategy June 2012 Iasta Global Headquarters +1-317-594-8600 Iasta European Headquarters +44(0)
More informationproactive contract management
TM proactive contract management Six Reasons Why Contract Management Matters Table of Contents Why Contract Management Matters 2 How Contracts Impact Your Business 2 Contract Data Determines Revenue and
More informationIs your Contract Management just Good Enough?
Is your Contract Management just Good Enough? Table of Contents 1.0 Introduction...3 2.0 What Contract Management Issues Do Enterprises Face?...4 2.1 Revenue Assurance... 4 2.2 Risk Management... 5 2.3
More informationS24 - Governance, Risk, and Compliance (GRC) Automation Siamak Razmazma
S24 - Governance, Risk, and Compliance (GRC) Automation Siamak Razmazma Governance, Risk, Compliance (GRC) Automation Siamak Razmazma Siamak.razmazma@protiviti.com September 2009 Agenda Introduction to
More informationAsentinel Telecom Expense Management (TEM)
PRODUCT BRIEF: ASENTINEL TELECOM EXPENSE MANAGEMENT (TEM) Asentinel Telecom Expense Management (TEM) Asentinel 6.0 is a comprehensive global telecom expense management software solution encompassing the
More informationBusiness Management Made Simpler
SAP Brief SAP s for Small Businesses and Midsize Companies SAP Business One Objectives Business Management Made Simpler Successfully manage and grow your small business Successfully manage and grow your
More informationCA Service Desk Manager
PRODUCT BRIEF: CA SERVICE DESK MANAGER CA Service Desk Manager CA SERVICE DESK MANAGER IS A VERSATILE, COMPREHENSIVE IT SUPPORT SOLUTION THAT HELPS YOU BUILD SUPERIOR INCIDENT AND PROBLEM MANAGEMENT PROCESSES
More informationHP Service Manager software. The HP next-generation IT Service Management solution is the industry-leading consolidated IT service desk.
software The HP next-generation IT Service solution is the industry-leading consolidated IT service desk. : setting the standard for IT service management solutions with a robust lifecycle approach to
More information5 Ways Senior Finance Executives are Improving Visibility Across the Procure-to-Pay Cycle
5 Ways Senior Finance Executives are Improving Visibility Across the Procure-to-Pay Cycle An IOFM white paper, sponsored by 5 Ways Senior Finance Executives are Improving Visibility Across the Procure-to-Pay
More informationSoftware License Asset Management (SLAM) Part 1
LANDesk White Paper Software License Asset Management (SLAM) Part 1 Five Steps to Reduce Software License Costs and Ensure Audit Preparedness Contents A Software Audit Looms in Your Future.... 3 Overbuying
More information15-Minute Guide to Contract Lifecycle Management
15-Minute Guide to Contract Lifecycle Management Table of Contents Contracts: The foundation of business.................................... 4 Contract lifecycle management..........................................
More informationEmptoris Contract Management for Healthcare HIPAA Compliance
Emptoris Contract Management for Healthcare HIPAA Compliance An Emptoris White Paper Emptoris, an IBM Company www.emptoris.com ECHHC-4/12 Executive Summary Provider contracts are complex, dynamic, and
More informationEnterprise Content Management for Procurement
Enterprise Content Management for Procurement Extending SAP capabilities is a key aspect of advanced Enterprise Content Management Today s procurement departments need extended content management solutions,
More informationTaking Control of Your Contracts: Best Practices for Contract Management. and
Taking Control of Your Contracts: Best Practices for Contract Management and 1 Richard Waugh VP of Corporate Development at Zycus > Richard Waugh, VP Corporate Development at Zycus, has an extensive background
More informationEquinix Increases IT and Employee Productivity with ServiceNow Cloud-Based IT Service Automation Solution
IDC ExpertROI SPOTLIGHT Equinix Increases IT and Employee Productivity with ServiceNow Cloud-Based IT Service Automation Solution Sponsored by: ServiceNow Matthew Marden April 2014 Randy Perry Overview
More informationagility made possible
SOLUTION BRIEF CA IT Asset Manager how can I manage my asset lifecycle, maximize the value of my IT investments, and get a portfolio view of all my assets? agility made possible helps reduce costs, automate
More informationACCELERATING. Business Processes. through the use of:
ACCELERATING Business Processes through the use of: Business Process Automation Document Management Imaging and Scanning Data Transformation Paper and eforms Processing Enterprise Faxing ERP Integration
More informationAutomated Invoice Matching
White Paper Automated Invoice Matching Reduce Matching Cycle Times. Increase ROI Version 1.0 Last Updated: 11-06-2010 www.sutisoft.com 1 2 3 4 5 6 7 8 Abstract Introduction Need for Automating Finding
More informationAccelerate Time to Value and Innovation Through Complete Contract Management
SAP Brief Ariba s Ariba Contract Management Objectives Accelerate Time to Value and Innovation Through Complete Contract Management Objectives Drive spend compliance across all contract types Drive spend
More informationRSA ARCHER OPERATIONAL RISK MANAGEMENT
RSA ARCHER OPERATIONAL RISK MANAGEMENT 87% of organizations surveyed have seen the volume and complexity of risks increase over the past five years. Another 20% of these organizations have seen the volume
More informationTurn Your Business Vision into Reality with Microsoft Dynamics GP
Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With a business solution from Microsoft, you can turn that vision into reality.
More informationApplying ITIL v3 Best Practices
white paper Applying ITIL v3 Best Practices to improve IT processes Rocket bluezone.rocketsoftware.com Applying ITIL v. 3 Best Practices to Improve IT Processes A White Paper by Rocket Software Version
More informationIBM Maximo Asset Management for IT
Cost-effectively manage the entire life cycle of your IT assets IBM Highlights Help control the costs and financial impact of IT assets with a single solution that tracks and manages your hardware, software
More informationREVOLUTIONIZE YOUR BACK OFFICE DEPARTMENTS NEXT»
R U O Y E Z I N O I T U L S T O V N E E R M T R A P E D E C I F F BACK O NEXT» 2 Streamline back office processes with OnBase With OnBase by Hyland, back office departments reduce their reliance on manual,
More informationORACLE S PRIMAVERA FEATURES PORTFOLIO MANAGEMENT. Delivers value through a strategy-first approach to selecting the optimum set of investments
ORACLE S PRIMAVERA FEATURES Delivers value through a strategy-first approach to selecting the optimum set of investments Leverages consistent evaluation metrics, user-friendly forms, one click access to
More informationAccounts Payable Automation Benefits
w h i t e pa p e r Accounts Payable Automation Benefits Facts and best practices by leading analysts Purchase to Pay by Medius, Powered by ReadSoft Author: ReadSoft, August 2011 Edited: Medius, June 2012
More informationTransforming Accounts Payable into a Profit Center
PROFIT FROM PAYMENTS: Transforming Accounts Payable into a Profit Center Leveraging Business Process Automation to Capitalize on Dynamic Discounts a New Breed of Early Payment Incentives BEGIN Table of
More informationHP Service Manager software
HP Service Manager software The HP next generation IT Service Management solution is the industry leading consolidated IT service desk. Brochure HP Service Manager: Setting the standard for IT Service
More informationThe Recipe for Sarbanes-Oxley Compliance using Microsoft s SharePoint 2010 platform
The Recipe for Sarbanes-Oxley Compliance using Microsoft s SharePoint 2010 platform Technical Discussion David Churchill CEO DraftPoint Inc. The information contained in this document represents the current
More informationTurn Your Business Vision into Reality with Microsoft Dynamics GP
Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With Microsoft Dynamics GP, you can turn that vision into reality with a solution
More informationFive Tenets of Modern Procurement Move Source-to-Pay to the Cloud
ENTERPRISE RESOURCE PLANNING CLOUD Five Tenets of Modern Procurement Move Source-to-Pay to the Cloud Copyright 2014 Oracle Corporation. All Rights Reserved. Modern procurement organizations are continually
More informationContract Management Challenges and Practical Solutions
Contract Management Challenges and Practical Solutions Olivier FISCHER, Managing Director of LS Canada Laurelly DALE, In-House Counsel at Dye & Durham LS Canada Inc. All rights reserved Introduction of
More informationAchieving Better Contract Management through Automation
Achieving Better Contract Management through Automation White Paper (281) 334-6970 sales@prodagio.com www.prodagio.com Though often overlooked, an effective contract management process can make a significant
More informationinfo@hensongroup.com www.hensongroup.com
With the Henson Group s solution, companies can: Reduce IT help desk costs Improve employee productivity Better allocate IT resources and position IT as a strategic asset Easily manage and maintain a self-service
More informationTop 10 reasons to automate expense management process
Top 10 reasons to automate expense management process Switching from spreadsheet to an automated solution Though many leading enterprises have moved to automate their expense management, there are still
More informationAsset and Lifecycle Management
Campbell Robertson, Worldwide Public Sector Solution Leader, IBM ECM August 2014 Asset and Lifecycle Management With enterprise content management from IBM The asset lifecycle Concept Design Tender Build
More informationSOLUTION BRIEF CA SERVICE MANAGEMENT - SERVICE CATALOG. Can We Manage and Deliver the Services Needed Where, When and How Our Users Need Them?
SOLUTION BRIEF CA SERVICE MANAGEMENT - SERVICE CATALOG Can We Manage and Deliver the Services Needed Where, When and How Our Users Need Them? SOLUTION BRIEF CA DATABASE MANAGEMENT FOR DB2 FOR z/os DRAFT
More informationORACLE SERVICES PROCUREMENT
ORACLE SERVICES PROCUREMENT KEY FEATURES Create contracts for services with complex payment terms Incorporate progress payment schedule into services contracts Track and report progress based on schedule
More informationIntegrated email archiving: streamlining compliance and discovery through content and business process management
Make better decisions, faster March 2008 Integrated email archiving: streamlining compliance and discovery through content and business process management 2 Table of Contents Executive summary.........
More informationSupply Chain Management Build Connections
Build Connections Enabling a business in manufacturing Building High-Value Connections with Partners and Suppliers Build Connections Is your supply chain responsive, adaptive, agile, and efficient? How
More informationMasterminding Data Governance
Why Data Governance Matters The Five Critical Steps for Data Governance Data Governance and BackOffice Associates Masterminding Data Governance 1 of 11 A 5-step strategic roadmap to sustainable data quality
More informationMaking Automated Accounts Payable a Reality
Making Automated Accounts Payable a Reality www.merkur.com (800) 637-1704 Table of Contents Introduction...3 Executive Summary...4 Challenges in Accounts Payable...5 What is the problem?...5 How big is
More informationBetter Contract Management:
WHITE PAPER Better Contract Management: Less Paper, More Connections How do I get off the paper chase? The top priorities for busy purchasing executives are improving efficiency, reducing costs and building
More informationACCOUNTS PAYABLE AUTOMATION FOR SAP
ebook: Accounts Payable ACCOUNTS PAYABLE AUTOMATION FOR SAP How Adding AP Workflow Automation to Vendor Invoice Processing Can Make Your AP Operation Best-in-Class Accounts Payable Automation for SAP 2
More informationSimply better banking
Simply better banking How does a bank make the right impression on customers? Did you know that Xerox: Processed 1 billion card transactions in 2012 Hosts 1 billion mortgage loan images Processes 800 million
More informationManaging Customer Relationships with SAP Business One
SAP Brief SAP s for Small Businesses and Midsize Companies SAP Business One Objectives Managing Customer Relationships with SAP Business One Win new customers and forge better relationships Win new customers
More informationWhy Automate Accounts Payable Processes?
Why Automate Accounts Payable Processes? In many organizations Accounts Payable is one of the most paper and labor intensive processes, offering the most potential for cost savings within an organization.
More informationRSA envision. Platform. Real-time Actionable Security Information, Streamlined Incident Handling, Effective Security Measures. RSA Solution Brief
RSA Solution Brief RSA envision Platform Real-time Actionable Information, Streamlined Incident Handling, Effective Measures RSA Solution Brief The job of Operations, whether a large organization with
More informationTurn Your Business Vision into Reality with Microsoft Dynamics GP
Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With a business solution from Microsoft, you can turn that vision into reality.
More informationOptimizing government and insurance claims management with IBM Case Manager
Enterprise Content Management Optimizing government and insurance claims management with IBM Case Manager Apply advanced case management capabilities from IBM to help ensure successful outcomes Highlights
More informationMastering Complex Change and Risk through Smarter Engineering Collaboration
Mastering Complex Change and Risk through Smarter Engineering Collaboration January 2010 Mastering Complex Change and Risk through Smarter Engineering Collaboration Page 2 With explosive population growth,
More informationCustomer Timeline - New in Summer 2012. Web Lead Capture - New in Summer 2012. Built-In Dashboards - New in Summer 2012
What s New Maximizer CRM 12 Features New Mobile Access User Interface Enhanced Mobile Access Appointment Management Enhanced Web Access User Interface Improved Web Access Speed & Navigation LinkedIn Integration
More informationTurn Your Business Vision into Reality with Microsoft Dynamics GP
Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With a business solution from Microsoft, you can turn that vision into reality.
More informationThe Advantages of Project Management in Software Development
Project Management in Software Development Taking the Complexity Out of June 2012 Nick Castellina, Nuris Ismail Project Management in Software Development: Taking the Complexity Out of In a survey conducted
More informationCA HalvesThe Cost Of Testing IT Controls For Sarbanes-Oxley Compliance With Unified Processes.
TECHNOLOGY BRIEF: REDUCING COST AND COMPLEXITY WITH GLOBAL GOVERNANCE CONTROLS CA HalvesThe Cost Of Testing IT Controls For Sarbanes-Oxley Compliance With Unified Processes. Table of Contents Executive
More informationBUILDING THE NEW BUSINESS CASE FOR ITAM
BEYOND TOOLS: BUSINESS INTELLIGENCE MEETS ANALYTICS BUILDING THE NEW BUSINESS CASE FOR ITAM Frank Venezia, Siwel Consulting, Inc. Steffani Lomax, Siwel Consulting, Inc. White Paper - November 2013 SM Building
More informationECM AS A CLOUD PLATFORM:
ECM AS A CLOUD PLATFORM: KEEP IT SIMPLE TABLE OF CONTENTS ECM as a Cloud Platform 2 What is a Cloud Platform? 2 What is a Cloud Application? 3 SpringCM The World s Leading ECM Cloud Platform Provider 6
More informationACCELUS COMPLIANCE MANAGER FOR FINANCIAL SERVICES
THOMSON REUTERS ACCELUS ACCELUS COMPLIANCE MANAGER FOR FINANCIAL SERVICES PROACTIVE. CONNECTED. INFORMED. THOMSON REUTERS ACCELUS Compliance management Solutions Introduction The advent of new and pending
More informationContracts Management Software as a Tool for SOX Compliance
Contracts Management Software as a Tool for SOX Compliance White Paper (281) 334-6970 sales@prodagio.com www.prodagio.com In 2002, following the scandals involving corporations such as Enron, WorldCom,
More informationUnlock the code IT Asset Management
HP Software: Apps meet Ops 2015 Unlock the code IT Asset Management Luc Landuyt/ April 2 nd, 2015 Copyright 2015 Hewlett-Packard Development Company, L.P. The information contained herein is subject to
More informationEnsuring Contract Compliance through integration of Ariba Contracts and SAP ECC Michael Chavez and Sean Rhoades, Deloitte Consulting LLP
Orange County Convention Center Orlando, Florida June 3-5, 2014 Ensuring Contract Compliance through integration of Ariba Contracts and SAP ECC Michael Chavez and Sean Rhoades, Deloitte Consulting LLP
More information8 Tips for Winning the IT Asset Management Challenge START
Tips for Winning the IT Asset Management Challenge START A successful IT Asset Management (ITAM) program can help you lower your costs and increase your asset utilization. You benefit by avoiding unplanned
More informationContract Management The Mavericks Won t Like This!
Contract Management The Mavericks Won t Like This! Keith Wallis How Much Did That Project Cost? Real Life Example Original contract amount $500K Variations scope changes not visible Total variations =
More informationBusiness Process Management & Workflow Solutions
Business Process Management & Workflow Solutions Connecting People to Process, Data & Activities TouchstoneBPM enables organisations of all proportions, in a multitude of disciplines, the capability to
More informationAny Partner. Any System. Anywhere. IBM Sterling Business Integration Suite
Any Partner. Any System. Anywhere. IBM Sterling Business Integration Suite Any Partner. Any System. Anywhere. The IBM Sterling Business Integration Suite allows customers to solve critical business-tobusiness
More informationThis paper looks at current order-to-pay challenges. ECM for Order-to-Pay. Maximize Operational Excellence
J A N U A R Y 2 0 1 4 ECM for Order-to-Pay Maximize Operational Excellence This paper looks at current order-to-pay challenges and trends; what organizations should consider in an order-to-pay solution;
More informationAccounts Payable Invoice Processing. White Paper
www.allstarss.com ACCELERATING Business Processes Accounts Payable Invoice Processing Table of Contents Table of Contents TABLE OF CONTENTS... I THE BUSINESS CHALLENGE... 2 Invoice Processing Costs...
More informationProvide access control with innovative solutions from IBM.
Security solutions To support your IT objectives Provide access control with innovative solutions from IBM. Highlights Help protect assets and information from unauthorized access and improve business
More informationProducts Currency Supply Chain Management
Products Currency Supply Chain Management Today s Enterprises Need Intelligent and Integrated Solutions to Optimize Currency Levels, Reduce Expenses and Improve Control Products The financial services
More informationReduce Trial Costs While Increasing Study Speed and Data Quality with Oracle Siebel CTMS Cloud Service
Reduce Trial Costs While Increasing Study Speed and Data Quality with Oracle Siebel CTMS Cloud Service Comprehensive Enterprise Trial Management in the Cloud Oracle Siebel CTMS Cloud Service lets you effectively
More informationOBLIGATION MANAGEMENT
OBLIGATION MANAGEMENT TRACK & TRACE: CONTRACTUAL OBLIGATIONS Better Visibility. Better Outcomes RAMESH SOMASUNDARAM DIRECTOR, IT VENDOR MANAGEMENT SERVICES MARCH 2012 E N E R G I C A Governance Matter
More informationReducing Cost and Risk Through Software Asset Management
RESEARCH SUMMARY NOVEMBER 2013 Reducing Cost and Risk Through Software Asset Management A survey conducted by CA Technologies among delegate attendees at the 2013 Gartner IT Financial, Procurement & Asset
More informationHow To Use Intacct
Intacct Financial Management and Accounting System Intacct is the award winning cloud financial management and accounting system specifically designed to help small and midsized enterprises improve company
More informationGSK Vaccines: Easing Compliance with SAP Process Control
2014 SAP AG or an SAP affiliate company. All rights reserved. GSK Vaccines: Easing Compliance with SAP Process Control GlaxoSmithKline Vaccines Industry Life sciences pharmaceuticals Products and Services
More informationCONTRACT LIFECYCLE MANAGEMENT. Streamline organizational processes and save resources
CONTRACT LIFECYCLE MANAGEMENT Streamline organizational processes and save resources EASY SOFTWARE CONTRACT LIFECYCLE MANAGEMENT BACKGROUND Contracts are as old as business itself, written to create an
More informationORACLE PROJECT MANAGEMENT
ORACLE PROJECT MANAGEMENT KEY FEATURES Oracle Project Management provides project managers the WORK MANAGEMENT Define the workplan and associated resources; publish and maintain versions View your schedule,
More informationJump-Start Service for Procurement: Contract Management. Start today: Find, store and manage all your supplier contracts
3 Contract Find, store and manage all your supplier s Procurement Professionals: The Big Picture & The Things You Can Address Today The Spend Control environment you really want one that maximises savings
More informationEnabling Agile, Efficient and Reliable Global HCM Through Integrated Payroll
ADP STREAMLINE SM Enabling Agile, Efficient and Reliable Global HCM Through Integrated Payroll HR. Payroll. Benefits. Complex legal and tax mazes, cultural differences and labor laws - the complexity of
More informationPROCURE-TO-PAY TRANSFORMATION FOR CFOs. Achieving Control, Visibility & Cost Savings.
PROCURE-TO-PAY TRANSFORMATION FOR CFOs Achieving Control, Visibility & Cost Savings. Table of Contents Introduction...3 Driving up the Cost of the Procure-to-Pay Cycle...4 5 Ways to Cut Procure-to-Pay
More informationDocument Change Control
Document Change Control for Quality & Regulatory Compliance Quality and Compliance Solutions Document Control Software for Microsoft Windows Document Change Control Improve efficiency and enforce consistency
More informationWhite Paper THE FIVE STEPS TO MANAGING THIRD-PARTY RISK. By James Christiansen, VP, Information Risk Management
White Paper THE FIVE STEPS TO MANAGING THIRD-PARTY RISK By James Christiansen, VP, Information Management Executive Summary The Common Story of a Third-Party Data Breach It begins with a story in the newspaper.
More informationTask Management. JobTraQ Core Features
Task Management JobTraQ automates human to human workflow and simplifies hierarchical team management of collaborative tasks. JobTraQ also ensures that the correct data is collected and displayed through
More informationwith Managing RSA the Lifecycle of Key Manager RSA Streamlining Security Operations Data Loss Prevention Solutions RSA Solution Brief
RSA Solution Brief Streamlining Security Operations with Managing RSA the Lifecycle of Data Loss Prevention and Encryption RSA envision Keys with Solutions RSA Key Manager RSA Solution Brief 1 Who is asking
More informationHow Can I Better Manage My Software Assets And Mitigate The Risk Of Compliance Audits?
SOLUTION BRIEF CA SERVICE MANAGEMENT - SOFTWARE ASSET MANAGEMENT How Can I Better Manage My Software Assets And Mitigate The Risk Of Compliance Audits? SOLUTION BRIEF CA DATABASE MANAGEMENT FOR DB2 FOR
More informationBRIDGE. the gaps between IT, cloud service providers, and the business. IT service management for the cloud. Business white paper
BRIDGE the gaps between IT, cloud service providers, and the business. IT service management for the cloud Business white paper Executive summary Today, with more and more cloud services materializing,
More information