An introduction to a contract management business app that can help you save the equivalent of 9.2% of revenue.

1. Effective Contract
Management
How to save the equivalent of
9.2% of revenue

2. The cost of not managing
contracts
• Contract losses equivalent to 9.2% of
revenue (IACCM)
• Only 8% of monetary savings hitting
the bottom line (Aberdeen)
• 75% of savings lost within 18 months
(Alvares & Marsel)
• Contract losses equivalent to 9.2% of
revenue (IACCM)
• Only 8% of monetary savings hitting
the bottom line (Aberdeen)
• 75% of savings lost within 18 months
(Alvares & Marsel)

3. The CM Challenge
Agile Innovation
Benefits
Realisation
Risk
Improvement
Protection

4. Maximising contract performance
and value for money.
Enabling continuous improvement.
Monitoring key performance
indicators.
Contract lifecycle management.
Document storage and access
rights.
Having information to hand.
Knowing when to take action.
Making the best use of scarce
contract management skills and
resources
Visibility of contract performance.
Stakeholder engagement.
Audit trails.
Effective Contract Management
Identifying and managing risks.

5. Key Features
Performance Measurement Tool
•Stakeholders score contract
performance
•Stakeholders recommend contract
improvements
•Monitor KPIs
Contract Register
•Contract information & file repository
•Alerts & milestones
•Contract stakeholder identification
•Permissions
•Opinion weightings
Ranking Decision Tool
Questionnaire to determine how
important each contract is to the
organisation
Risk Measurement Tool
•Stakeholders assess contract risks
•Stakeholders identify new risks
•Current risk status
•Target risk status
•Historical risk reporting
Contract Performance Dashboard
•User configured
•Headline management information
•Drill down to contract detail
•Clear graphical display

6. Summary
Retain expected contract benefits
Avoid unplanned costs
Automated processes
Contract lifecycle administration
Milestone alerts
Flexible review frequencies
Flexible permissions
Quick and easy for stakeholders
Monitor performance, risk and KPIs
Facilitate continuous improvement
Dashboard monitoring

7. noel@contractswise.com
www.contractswise.com
tel: 01242 715370