Please sign in or register to continue.
IACCM membership gives you access a wide range of resources and services, including:
Make the most of your contracts and your career. Click below to learn more and upgrade now.
During the Contract Economics workshop at the IACCM event in November 2019, Kinglsy Martin and Sally Guyer discussed calculating the cont of contracts via a calculator (which essentially looked like a fairly robust spreadsheet). We would like to understand how or where to find that calculator as we are undergoing a project to refresh our IT Master agreement templates and we'd like to calculate our before and after costs estimates for each. I've attempted to look throughout the portal with no luck.
Despite the early successes of collaborative-contract adopters, the industry remains hesitant. Five steps can help project owners better envision the transition toward more collaborative approaches.
A survey among alliances & partnerships professionals in Europe and Asia resulted in 5 themes that these professionals see as their main challenges in their work for 2020. Except for the specific outside circumstances most of these themes are not new in 2020, yet appear to be continuing challenges in our profession. Some of the challenges the respondents see can be handled by a solid governance structure most by rigorous alliance management. A short article about the preliminary findings can be read here: https://www.petersimoons.com/2020/01/2020-challenges-in-alliances-partnerships/
Speed matters. So why do so few organizations take steps to reduce contracting cycle times? A few are achieving improvements of 20-30%. Most are not even looking.
Hi All, I am a fresh member of the portal. Looking for some insights in regards to defining KPIs. We are a team of 3 Contract Managers and our manager has asked us to define KPIs and create a dashboard biweekly for her to have an insight of what we are doing. I believe the next step will be having score cards to measure the performances. I have been searching the web and thinking about this deeply for some time now. I was only able to come up with 3 KPIs but still need to define 1 more. And I am not sure if this has been answered before. Is there a document I can relate on to? Would appreciate any leading. Thank you in advance.
For 20 years, IACCM has been at the forefront in identifying and quantifying the impact of good contract management on business results. Value is achieved in several ways - for example, reducing contract value erosion, supporting contract growth, contributing to reputation and ensuring ethical practices.
IACCM has today issued the results of its latest survey into payment terms. This multi-jurisdictional, cross-industry study attracted input from 393 organizations and gathered data from the buyer community, therefore reflecting terms and policies in business-to-business transactions.
In regards to commercial contracting what are the top 5 language terms and conditions that will effect the margin and or value of a deal?
Contract Economics the Continuing Story... This interactive, pre-register only session will build on the launch in 2018 and now taking Contract Economics to a practical level. The workshop will be limited to 20 participants only and there will be two opportunities to take part at the beginning and at the end of the conference. As one of our most popular workshops, registrations will work on a first come first serve basis.
Hi Would anyone be happy to have a discussion with me, or give me some pointers on managing a JV where you are both a customer, supplier and a shareholder? It would be good to understand how other companies navigate this tricky relationship and if there is any IACCM best practice I should adhere too? I have different contract managers who are responsible for the customer and supplier side to eliminate any conflict of interest, but the whole governance is so much more complex than a straight commercial arrangement. Therefore, if anyone has any experience or observations they would be happy to share, I would really appreciate your help. Kind Regards Jan
I like the idea of asking new employees what their learning style is during the onboarding training period. I too am a visual learner, so by seeing and doing the work first-hand during training helps me to learn better and faster. Good idea as it helps promote inclusion and diversity and increase employee morale as not everyone's learning style is the same and should make the employee comfortable in a new environment.
I note that the post is from November 2015. Would you say that the statistics for these 10 have remained the same in 2019? Is it possible to get more information about the survey that was conducted, where did the input come from? For example, what is the 9.2% financial benefit / Erosion based on?
For Agreement between the Parties of differnet origin , the aurgument starts up on Jurisdiction and governing law for the AGreement. while both the Parties are interested in proposing law of their respective country to be made applicable to the AGreement, I want to know whether there is any list of prioritised or ranked Jurisdiction/ Govering law like World bank ranks each country a ranking for " ease in doing business" and almost 190 countrites are listed. For example, I propose indian law and other Party would prefer Laws of Singpore to be governing law. Can parties choose England and wales as nuetral or any other preferred law.
My company is looking into a new CLM solution, and I'd love to hear from other companies what experiences they faced in the RFP/RFI phase or selecting a CLM vendor, implementation experiences, and post deployment user experiences. What went well and what didn't go well? Which specific areas did the CLM not meet your or your stakeholders expectations?
I like the preventive attitude to make the contract process simple for both parties. Good continuous improvement design ideas to inspire us all to start looking at how we manage our own contracts.
IACCM Networks are collaborative, community driven professional networking sites. Our contributors publish their own content as well as links to third-party articles and websites, and IACCM cannot be held responsible for content posted here. View Content Policy
Content Policy
IACCM cannot guarantee or warrant the accuracy, reliability, currency, completeness or legality of such content, third-party articles, or
linked websites, and disclaim all responsibility for the use of any inaccurate, incomplete or illegal content contained in or linked from IACCM
and disclaim any and all liability to the user for any damages, including without limitation, direct or indirect, special incidental, moral or
consequential damages, loss of profits, opportunities or information or for expenses arising in connection with your use of IACCM, its services,
forums or the site content, even if they (individually or as a group) have been advised of the possibility of such damages, losses or expenses;
do not warrant that IACCM operates error-free, nor that defects, errors or omissions will be corrected, or that IACCM is completely secure;
disclaim any and all warranties of any kind, including but not limited to implied, express or statutory warranties as to non-infringement of
intellectual property rights, or third party rights, title, latent defects, uninterrupted service, merchantability, fitness for a particular
purpose, and freedom from computer viruses; and
do not warrant or guarantee that files available for downloading through IACCM will be free of infections or viruses, worms, Trojan horses or
other code that contains contaminating or destructive properties.
IACCM, including any and all aspects of IACCM, is not a substitute for independent professional advice and users should obtain any appropriate professional advice relevant to their particular circumstances. Users must exercise their own skill and care with respect to their use of IACCM and must carefully evaluate the accuracy, currency, completeness and relevance of the material on the site for their purposes. The user should carefully assess any and all information obtained through IACCM before applying it to the user's situation. Never disregard, avoid or delay in obtaining professional advice about handling engineered or other nanomaterials or nanoparticles because of something you have read on this site. The advice the user finds in IACCM is freely offered in good faith, but no legal liability can be accepted by IACCM, members on IACCM's Implementation Committee, IACCM's operators, content partners, content contributors or providers, or IACCM's sponsors.
IACCM contains links to other Internet sites that are external to IACCM. IACCM takes reasonable care in linking Internet sites but has no direct control over the content of the linked sites, or the changes that may occur to the content on those sites. It is the responsibility of the users to make their own decisions about the accuracy, currency, reliability and correctness of information contained in linked external Internet sites. Links to external Internet sites, or links to documents, do not constitute an endorsement or a recommendation of any material on those sites, or in those documents, or of any third party products or services offered by, from or through those sites or those documents. Users of links provided by this Internet site are responsible for being aware of which organization hosting the Internet site they visit.
To report any innappropriate content, please
click here.
MENU