The International Association for Contract & Commercial Management (IACCM) is partnering with Capgemini to commence a first of its kind mapping of contract management software in the market today. The reason for commissioning this report is that this market has seen a massive explosion over the last few months in terms of innovation and diversity of solutions.
In recent years, many buyers have pushed to extend the payment period for supplier invoices. In some jurisdictions, this has led to legislation limiting the number of days within which payment must be made.
“Enterprises today realize the critical role of contract and commercial management in a globally networked economy. The skills required to manage business relationships that deliver positive outcomes are as vital as that of a lawyer, accountant, engineer or marketer.”
Dan Mahlebashian, Global Executive Director of Purchasing Services, Request-to-pay process and Enterprise SAP Business Management, GM; Chairman of the Board, IACCM
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