Over 60% of contracts are non-compliant with corporate standards.\r
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This was one of the statistics that emerged during a webinar IACCM ran this week with Seal Software. It is based on analysis of more than 1o million contracts handled by Seal in the last 3 years. As Ulf Zetterberg, CEO of Seal Software, observed, the shocking part about this statistic is not so much that the variation rate is so large as that companies are simply unaware. In some cases, their 'standard term' is used far less frequently than the alternates. They spend so much time battling over individual exceptions that they lose sight of the bigger picture.
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