Contracts are the engine of a business. They contain mission and business critical obligations and opportunities for organizations, yet, firms continue to struggle to do something that seems simple: connect contracts to business value.
Consider the opportunities lost in a typical Fortune 1000 company that manages between 20,000 to 40,000 active contracts at any given time. At least 10 percent of contracts are misplaced, difficult to find, still in paper form, on a file share somewhere, or buried in an email attachment not managed.
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