Adopting an automated contract management system is an incredible opportunity to streamline your processes and improve the transparency of your operations, digitally transforming your organisation and allowing you to realise benefits in as little as four weeks.
If you’re looking to experience the benefits that contract management software can bring to your business, then you may need to present a highly evidence-based, data-backed and strategic recommendation to align management with your vision.
It’s important to take stock of where your organisation is currently sitting in its procurement and contract management maturity evolution, so you can properly analyse whether you’re ready to digitally transform with an automated contract management system. With this in mind, let’s take a look at some key factors for gauging whether your business is ready for CMS adoption.
1. How do you create requests?
In the present moment, how do your team members, stakeholders and suppliers request new contracts? Is there a standardised, permission-based process that’s comprehensive, easy to use, and simple to track and improve upon?