Home About IACCM Membership Professional Development Resources Forums/Networking Research
Academic Forum Contract Management Forum Communities of Interest/Working Groups Contracts & Negotiations Guide Proactive Think Tank
Member Login
E-mail

Password
Remember Me
Forgot your password?
 
Guest Membership Signup: Click here

Read Commitment Matters - Tim Cummins' blog


In the words of our members:

"IACCM has its finger on the pulse of our profession with its leading-edge, insightful communications to its members. My IACCM membership is one of the best investments I've made in a long time!"

Forums/Networking » Contract Management Forum » Articles


Pay a visit to our forum. Post a new topic, or respond to an existing one.



Read our collection of articles and case studies on contract management.



View a list of service providers that have been recommended by members.



Here are some articles and case studies relevant to contract management:

Upside Software Offers Complimentary IACCM Corporate Membership
Providing additional value to its customers - equipping customers with the vast knowledge IACCM offers helps ensure successful deployments and best-in-class contracting

Upside Software closes 10 new deals in 2 weeks
EDMONTON, ALBERTA, CANADA —Upside Software Inc. has successfully closed (won) 10 new deals in the past two weeks and also completed a very successful annual user conference held in Edmonton during Sep 10 through 12th, 2007.

Community Living BC selects Upside Software to help govern and automate contract management
Community Living British Columbia chooses Upside Software after a rigorous RFP process as the best company to help them automate and govern their contracts.

Upside selected by the Blue Cross and Blue Shield Association to help govern and automate contract management in the U.S.
Blue Cross and Blue Shield Association (BCBS) selects Upside Software as the recommended contract management software solution for 39 Blue Cross and Blue Shield companies across the United States.

UPSIDE SOFTWARE PARTNERS WITH ECHOSIGN TO DELIVER FIRST CONTRACT MANAGEMENT SERVICE WITH WEB-BASED ELECTRONIC SIGNATURE CAPABILITIES
EDMONTON, ALBERTA, CANADA and PALO ALTO, CALIF., March 23, 2007—Upside Software Inc. and EchoSign, Inc. announced a partnership to integrate EchoSign’s web-based electronic signature service with Upside’s contract management service, enabling users to reduce the overall contract lifecycle by streamlining the signing process. With the joint solution, users can sign contracts instantly, with the e-signature capability powered by EchoSign.

BSNF Reduces Contract Management Effort by 72 percent with Solution Based on SQL Server 2000, Achieves Full ROI in 62 days
To minimize the costs of managing thousands of supplier service contracts, The Burlington Northern and Santa Fe Railway Company implemented a Web Based contract management solution running on Windows 2000 server and Microsoft SQL server 2000. This solution reduces the manual effort required for contract administration by 72 percent and decreases the average time to create a new contract from 30 days to 11. By selecting a solution running on SQL server 2000 BNSF minimized the cost to deploy its new application, resulting in a complete return on investment in only 62 days.

Private Sector Learns From Government...Really!
When is the last time you heard of government being progressive? So forward thinking that the private sector was taking notes? The Government of Alberta is known to be very forward thinking and a leader in fiscal policy and action. In this article we will discuss an example of the GOA's leadership in leveraging leading edge business technology to improve services and reduce costs.

On Track, on Budget and as Promised...Can't be Software, Right?
Any large organization has its unique ways of operating to begin with, but it could be argued that infrastructure oriented railways' tend to be very traditional and conservative in their business approach. In this article, we will discuss an example of how a railway company has broken with tradition to embrace leading edge business technology to improve their operations.

Make your CFO a hero: Tools for the CFO - Enterprise Contract Management (White Paper)
With the recent exposures of companies like Enron and Worldcom, investors are losing confidence at an alarming rate. Issues like revenue recognition, capital vs. operating expenses and other accounting fundamentals are not being managed properly, and even worse, not being reported accurately. Companies are now looking for automated solutions to help manage their risks and increase shareholder value. Enterprise Contract Management software is one tool that can help the CFO address these issues.

The Contract Management Challenge
Enterprises are using manual processes to manage so many contracts these days that most companies said they frequently have problems just finding needed documents, and a majority of companies said they have lost 10 percent or more of their contracts and must ask their partners for a copy of the documents, according to a new survey.

Contract Authoring
Designed specifically for staff who have no legal or technical knowledge. Memba Genesis makes sure all your proposals and contracts are carefully authored, reviewed and approved according to corporate standards and regulations.

Contract Management Solutions and its Impact on the Role of Corporate Counsel
IT based contract management is a relatively new, but rapidly growing, area in the corporate IT arena.Modern contract management solutions provide software-based solutions that support the entire contract life cycle [planning/negotiations, contract creation, transaction compliance, settlement, and evaluation].Because the lion's share of most corporate relationships are governed by the terms and conditions held in contracts, the ramifications of this type of solution resonate throughout the organisation.Below we will limit our discussion to the impact on the role of the company's barristers.

Business Management Autopilot
Contract Management has an incredible impact on a number of segments within an organization. A contract affects many divisions including sales and marketing, legal. finance, procurement/sourcing, delivery, pricing, IT and pretty much everyone else. This article discusses the vast impact of Contract Management and how newly available Contract Management software helps automate the various components.

Contract Management - A Key E-Business Ingredient
This article will demonstrate how Contract Management software can be leveraged as part of an E-Business strategy to help organizations strengthen their competitive position and better engage with customers, suppliers and other stakeholders. It will also demonstrate how to cut costs and streamline processes relating to customer and supplier management.

Leveraging Contract Data to Achieve Procurement Best Practices
While Procurement is a critical business function for virtually every company, it is often misunderstood by senior management. In general, procurement is usually viewed as a cost center, which can be only marginally improved through the application of information technology.

Contract Management and Rebates
This article shows how effective contract management-supported with an automated contract management software application-can provide better visibility into agreements between manufacturers, distributors and operators. Specifically, contract management can help maximize rebates and programs in the short as well as the long run for the foodservice supply chain.

CFOs Can Meet Sarbanes-Oxley Head On With Contract Management
We will likely remember 2002 as the year when faith in corporate governance in America reached the breaking point.The financial and accounting scandals that came to light during the year were beyond anything America had ever seen before, and the long list of companies involved reads like a Who's Who of both the old and 'new economy' blue chips.
These scandals came on top of the collapse of the dot.com bubble. This, plus the aftermath of September 11th and the conflict in the Middle East, have sorely tested the faith of US investors in the market.

Contract Authoring with Memba Genesis
Lawyers have always used word processors to write standard contracts that are then used by their corporate customers. On the corporate side, these standard contracts are used as templates by human resources departments, sales departments and purchasing departments to define their contractual relationships with employees or third parties.

Knowing the Terms
Do you know where all your contracts are? Eighty percent of companies surveyed by contract management systems vendor Nextance Inc. can't say yes.

Contract Management: Improving Corporate Governance
The Sarbanes-Oxley act places stringent guidelines on corporate governance, and many executives are hurrying to bring their companies into compliance. How can a contract management system help?

Contract Management is More Out of Control Than You Think
As businesses have grown more complex, developing increasing numbers of complex commitments and obligations to customers, partners and suppliers, the use of contracts has grown substantially. Yet, Global 2000 companies continue to rely on cumbersome, and time consuming manual processes to manage their contracts. Nextance benchmarked the contract management process in large enterprises to determine where companies stand in terms of their contract management today.

World's Largest Packaged Food and Beverage Company Gets Contracts Under Control With CMSI Contract Manager
For the typical Fortune 100 firm,the number of IT purchasing contracts - agreements for everything from hardware/software to maintenance to consulting services - can be overwhelming. But spread these agreements over multiple divisions, markets and geographies and you have a potential nightmare on your hands.

Reuters Transforms Its Contract Management Process With CMSI Contract Manager
The global downturns in financial markets over the last two years have led to severe industry consolidation. Financial markets continue to endure change and turmoil as a result of market excesses and regulatory pressure. As a result, fewer people are working harder and handling more information with tighter budgets and under ever-watchful eyes of regulators.

Major Medical Center Selects CMSI Enterprise Contract Management Solutions
ORLANDO, FL - August 28, 2003 - Contract Management Solutions, Inc. ("CMSI"), the most recognized name in contract management technology solutions, is pleased to announce that Mayo Clinic has signed an agreement for CMSI's enterprise application.

Contract Management: Control Value and Minimise Risks
A necessary response to the overwhelming quantity and diversified complexity of contracts.
Organisations which don't manage their contracts effectively will be at a tremendous competitive disadvantage. Contracts can make or break your business. They define and underpin every commercial relationship. They determine how your business is run and the level of performance it can achieve. Get your business contracts right and you have a sound platform for profitable growth. Get them wrong, or manage them badly - and your organisation is risking not just its relationships, but its future.

So What's Going On Out There? A summary of IACCM Original Work
An IACCM contract management survey conducted in mid 2003, showing the current status of contract management in a cross-section of North American and European corporations.

Contract Optimization: A Recession Proof Strategy for Maximizing Performance and Minimizing Risks
In this age of economic uncertainty and heightened regulatory requirements, businesses must develop and execute strategies to continuously improve operational performance, control costs, mitigate risks and ensure fiscal accountability. Aberdeen Group has identified contract optimization as a chief lever for achieving these objectives.

Contract Management Helps Ensure That Negotiated Savings Reach Bottom Line
As corporations turn a strategic eye on sourcing operations, they increasingly realize the need to better manage and enforce their numerous contracts. In may ways, this is old news for transportation and logistics, where contract management tools and processes already are well established, though still underused.

Governance, Risk and Contracts
The last few years has seen a massive focus on Corporate Governance and Risk Management throughout the world. We are blessed with the philosophies of the Great and the Good, who have now attained a level of power unprecedented in the history of business, because up to now, the robber barons have always managed to fend off uncomfortable legislation such as Governance, Risk and Compliance which have always been anathema to those focused on greed, power and fame.

Governance, Risk and Randgold & Exploration
"Company News" on the 2 August 2005 carries an article about the suspension of the shares of Ransgols & Exploration and JCI by the JSE for not producing audited financial statements within the six month deadline. The chairman has apologised to shareholders and explained that the difficulty arose because of the ownership of shares in Randgold resources. According to Company News, it seems that Brett Kebble informed the US Securities and Exchange Commission that his Company owned 31% of Randgold Resources. This was disputed by Randgold Resources and that Company claimed that Kebble's Company owned only 6.7%.

LeisureNet board faces R1.2bn claim
So runs the headline in the Star's Business Report of the 12th July 2005. Reporter Ronnie Morris has my sympathy because hard information in liquidations is difficult to come by. I have no personal knowledge of the business and only passing knowledge of the personalities involved. According to the report the Liquidators are proceeding against the members of the board in terms of section 424 of the Companies act. This section can be applied in the event of a winding up, judicial management or otherwise.

Enterprise Contract Management - An Overview

Enterprise Contract Management - The Vanguard of Sustained Compliance

Enterprise Contract Management - What Every Chief Procurement Officer Should Know

Contract Performance Management Now: The Foundation of all Procurement Initiatives
This whitepaper is the first in a four-part series designed to explain why contract performance management is the critical first step for any broad procurement initiative your organization might be undergoing or have prioritized.

 
© IACCM 2008