Loading...
 
 
 
 
 
 

IACCM Automation Report - Transforming Contracts and Commercial Management

Published: 15 May 2017 Average Rating: 4.2 / 5 Print
 

Author: IACCM

A March 2017 survey by IACCM resulted in the IACCM Automation Report - Transforming Contracts and Commercial Management, which revealed that levels of satisfaction with current contract management automation systems are low, with a rating of just 4.2 out of 10. Organizations have struggled to gain adoption and for many, integration with other systems is proving problematic. As a result, functionality is generally limited - for most, the repository functions of accessing and having visibility into agreements are the primary benefit. Almost half are benefiting from the system as a store for standard terms and term options, including templates, and around 40% use the application to support review and approval. Less than one third can demonstrate an ROI from their investment.

 

This content is only available to members.

Register Now   Sign In
 

Related Discussions

Please sign in or register to post on this forum

 
Anonymous
2017-08-02 14:06:30

GDPR - Notification of personal data breach template

I am working on a GDPR project within an international company, and am currently trying to create a standard template for notification of breach to the authorities. Ho...
 
 
Replies: 1
Anonymous
2017-05-03 06:47:34

Transfer of Risk versus transfer of title

Hi Could someone please throw some light on the difference between the two concepts and their repercussions?
 
 
 
 
Replies: 3

Hyland Software, Inc.
2015-08-12 12:31:22

Reverse Auctions

We are considering using a reverse auction for IT related products/services. Are there any materials available that would provide me terms and conditions to include in...
 
 
 
Replies: 2
Anonymous
2017-08-28 21:55:15

BOTS

Does anyone have any insight into the impact of BOTS for SAAS software? I work for an Social Media Mgmt company and based on some analysis, we are starting to see the...
 
 
Replies: 1
Anonymous
2017-08-03 13:18:22

Response to RFI for a Product License Model

I am responding to a RFI for a Smart Meter Value delivery service. There is Product which will be licensed to Customer in this service do I need to add Pricing details...
 
 
Replies: 1
Anonymous
2017-08-02 16:47:14

Using Technology

What new technology/innovation is being considered or adopted in your organisation to help with monitoring contracts or being used for repetitive tasks?
 
 
Replies: 1
Anonymous
2017-08-01 08:25:41

Best re-negotiation Strategy

I am doing one exercise to review existing Application Maintenance Contract. This exercise is undertaken to identify the areas where Client expects us to put more effo...
 
 
 
 
Replies: 3

City of Bloomington (Illinois)
2017-07-26 19:00:47

Recommendations

I am the Contract Administrator for a municipality in Illinois (US) and we are currently evaluating various systems. Our goals include using GIS to tie documents to p...
 
 
 
Replies: 2

Datalex
2017-07-26 13:58:58

Contract performance reporting

I would like to know if there is any tools/templates that can be used for contract performance reporting. This reporting of the contract statues, milestones, issues et...
 
 
 
 
 
Older entries »
Replies: 4