Spend Matters lead analyst, Thomas Kase, has jointly written a new white paper with Seal Software titled: Effective Contract Discovery, Analysis and Control.
The paper, written for CPOs, attorneys and other senior executives with influence over or participation in an organization’s contracting process, looks at how critical effective contract management is to drive not only performance but also to contain risk.
In the paper, Kase identifies how contract management has developed into a knowledge management discipline and a necessary core competency for organizations of all sizes. However, in order to achieve effective contract management, Kase advocates greater contract awareness, driven by automated contract discovery, to drive high levels of analysis and actionable visibility, “An automated tool approach improves time to value, lowers costs and increases overall ROI of the broader deployment.” Kase continues, “We have only come across a single company with the technology available to deliver: Seal Software.”
The paper discusses a number of the various use cases for Seal Contract Discovery and Analytics, including that of Merger and Acquisition activity. Contract visibility and analysis have a critical impact on M&A deals, both pre and post completion, and Seal’s discovery solution is unique in the way it approaches the problem.
Seal has been built from the ground up to fulfill a need in the market – automated Contract Discovery. As Thomas Kase states, Seal is the only automated solution available today, and this paper highlights the key steps organizations should take to ensure their contracts are working for them, with appropriate levels of visibility, analytics and control.
The full whitepaper can be downloaded from the Seal website – Click to download