When asked how they assess contracting strategies, many companies confuse contract administration with contract effectiveness.\r
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To improve contracting, they implement contract management systems that store contracts in searchable repositories and provide template libraries, approval workflows, and milestone management. Such a system may improve processes - but does not tell the whole story.\r
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Understanding the true effectiveness of your contracts requires insight that can only be garnered through robust analysis.\r
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IACCM will be tackling this concept with Revitas in the upcoming live webinar. During the session, we will evaluate the importance of analytics in gaining control over contracting outcomes.\r
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On this call you will learn how analytics will enable you to:\r
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Identify problems in contracting processes\r
Validate preconceived notions and assumptions regarding contract performance\r
Determine the success of your partner programs\r
Ascertain the bottlenecks that impede effective contract execution
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