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Jacko mentions there are 8 different payment schemes - do we know which?
While deceptively simple, the benefits of Performance Based Contracts (PBCs) can be extremely difficult to deliver given the complexities and uncertainties that surround the practical application.
Read most corporate strategies and words like 'speed', 'accelerate' and 'velocity' jump from the page. Boards and executives understand the importance of rapid change, the ability to be adaptive to unpredictable events and market conditions. Despite technology, contract cycle times are lengthening.
• Internet of Things is changing the way of collaboration • Industries are challenged in their core and also companies are evaluating new business models • New business models and impact on landscapes • Outlook how to get prepared
The IACCM Member Meetings in Shanghai, Hong Kong and Singapore, included a Mini-workshop on the Changing Role of Contract & Commercial Management 'Putting Commercial in a new context': This highly interactive session will engage attendees in a discussion about the external forces starting to impact the role, purpose and contribution of CCM resources and contracts themselves. We explored this from the perspective of risk and opportunity, judgment and ethics, value and profit, competitiveness and win rates, before finally outlining how our jobs will change.
Hello I am new to IT purchases. Do you have any experience with SaaS? What should I be aware of as a Buyer? Judit
Hi - has anyone bought Speech Recognition software or services for their business ? Any insights you can share regarding commercial terms / price ?
I am looking for some guidance regarding a clause which is obligating the supplier to prioritize resources for the Purchaser. From the supplier side this could potentially be a commitment difficult to fulfill. Perhaps you have seen some drafting on this subject which softens such a commitment? I am thinking along the lines of "supplier to make best efforts...". Looking forward to your comments
Hi All, has anyone here implemented Ariba S2C and P2P? Trying to build a customer community.
Does anyone have any model contract language covering anti bribery and corruption for a UK entity/Indian entity contract? Recognising legal jurisdiction for both entities? Any suggestions gratefully received.
Hi Colleagues, I am wondering if any company in the Americas, Europe and across AsiaPac has implemented Source to Contract and Procure to Pay in Ariba along with S4Hana? You can contact me at: marie.cullen@Medibank.com.au Kind Regards M
Templates are good to have however, there is no "One Size Fits All" approach every template requires some amount of tailoring as every deal is different. Having said that templates definitely save lot of time and energy which otherwise would have been spent in typing and proof reading. The bottom line is that organizations must have templates but they cannot be considered as panacea to all the legal drafting problems.
I am starting this discussion for community awareness and brainstorming, the possible use cases of Smart Contract in our Contract Management world. I will post use cases that I believe will take benefit of the blockchain technology. I will also share use cases that are currently in deployment, although on a small scale, since this technology itself is in its nascent stage. For those who are not familiar with what Smart Contracts are, please search this or other forums first, before posting any questions here.
Hello - We have a very large contingent work force and are continually renewing short term rate cards due to the dynamics of business needs. I am sure you can imagine that this take a lot of legwork with regard to processing renewals and keeping up with Master Agency Agreements on a regular basis. I also work closely with the Accounts Payable group and what we also find a challenge is the back end processing to get those vendors/agencies paid. We currently use purchase orders (really contract numbers from our CLM system) but these tend to be time consuming as well, I just wanted to see what everyone else was doing out there?
I recently had a vendor say they could not sign and NDA but was authorized to sign a CA. In my experience this title is used loosely. I understand an NDA is usually used more for specialized business opportunities, but we have sign CA's in this instance also. To me it is more of the body of the agreement versus the title. This has me wondering what is truly the difference and when to use one versus the other?
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