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Product: |
Ketera Contract Management |
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Company: |
Ketera Technologies |
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Type: |
Service |
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Model #: |
Retailing |
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Description: |
Like it or not, 60-80% of all business-to-business transactions are governed by formal trade agreements. Having a contract is just paperwork unless it's managed - and managed well. Contract Management provides the kind of visibility and therefore control to get the best performance from your suppliers.
What's hard about Contract Management is the issue of seeing the unseen. Once a contract is negotiated, it goes into a file somewhere. It gets forgotten. Using spreadsheets to track milestones is a cumbersome and error-prone endeavor. Maverick spend happens. Volume discount agreements are breached. Penalties are applied. And in the end, money is spent needlessly - often without anyone even being aware that there's a problem.
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Related Products: |
Application Hosting | B2B | Contract Management Software | eProcurement | Software as a Service | Spend Management |
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