Benchmarking
The IACCM Capability Maturity Model

The IACCM Capability Maturity Model identifies the characteristics defining world class performance, and provides the capability to assess the status of commercial contracting functions.

Organizations using this model are able to rapidly identify how they relate to global standards, and map out a change program relevant to their business.

About the IACCM Capability Maturity Model

The IACCM Capability Maturity Model was developed by a cross-industry, international team of practitioners and experts, who used 6-Sigma experience and techniques in the underlying design.

The tool enables rapid and accurate assessment of both buy side or sell side process performance. Addressing nine business dimensions, its focus is on the alignments that are driving business outcomes in market or supplier selection, terms and offerings alignment and outcomes.

A unique feature of the IACCM online tool is that results are immediately benchmarked against a portfolio of similar companies and processes, enabling valuable insights on competitiveness and the areas for priority improvement.

The methodology and associated tools have been tested and validated by hundreds of senior professionals and managers from around the world, to ensure their ease of use and that they generate accurate results. These users have also provided the core set of benchmarking data, enabling future users to benefit from immediate comparative performance data.

The reports generated are used for assessing overall contract, negotiation and contract management procedures. IACCM has developed a fast and accurate offering that enables rapid movement through the assessment, validation and improvement planning. The goal is to support generation of a documented process improvement plan within 30 days.

To learn more, click here.