Procurement management of compliance and risk can either increase savings or increase your costs. Contract management systems help communicate business requirements, track spend against contracts and manage supplier relationships. But today's Chief Procurement Officers are expected to manage contractual obligations, enterprise compliance, and risk strategy too. How do they do it?
Collaboration is the name of the game – and the key to decreasing risk, ensuring compliance, and increasing savings.
Learn to collaborate with more stakeholders
Gain visibility into compliance
Improve contract performance
Mitigate supply chain risk
Deliver greater savings
Collaborative Contract Management:
Procurement’s Role in Enhancing Compliance and Mitigating Risk
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Determine (NASDAQ: DTRM) is a global provider of SaaS enterprise contract lifecycle management, strategic sourcing, supplier management, and procure-to-pay solutions. As a recognized leader in the industry, Determine provides deep innovative capabilities in Enterprise Contract Lifecycle Management, eProcurement, eSourcing, Spend and Procurement Analysis, Supplier Information Management, Invoicing, and Catalog Management. Since 1996, Determine has helped global companies actively manage their contracts throughout the sales, procurement, and legal life cycle. Determine’s enterprise contract lifecycle management, strategic sourcing, supplier management, and procure-to-pay software solutions drive critical operational business value that effectively accelerate revenue opportunities and minimize risk through compliance. A recognized leader in the industry, our patented technology assists customers across a myriad of industries—including high-tech, telecommunications, manufacturing, healthcare, and financial services. Determine also provides a powerful configuration engine, which Fortune 500 companies use to increase revenue by facilitating the right combination of products, services, and price.