Contract Management Library

02 May 2012 | Viewed 436 times

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IACCM Research & Thought-leadership; Return on Investment (ROI) - survey results

Author: IACCM

IACCM recently undertook a study on "What value are you bringing to the business?". This webinar is to discuss the results of this research.

The above question arises – whether it is to justify headcount or to support a business case for more investment - most contract management groups struggle to describe their value in financial terms.

In Government and public sector, the audit process results in far greater visibility of losses – and with increasing regularity, the auditors are highlighting the weakness of contract management or failures in commercial expertise as key reasons for these losses. Recent examples can be found in many countries and they amount to many billions of dollars.

To support our members in developing the business case for improved contract and commercial management (both sell-side and buy-side), IACCM conducted this study to discover the extent of corporate financial losses that result from weaknesses in contracting. I am confident that the results will support you in your efforts to gain management support or provide strong rationale for your budget and headcount.

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