Building a Modern Agreement Workflow for Procurement

Modern procurement professionals juggle an incredibly wide range of responsibilities. They balance cost with the quality of goods/services, select vendors, satisfy internal stakeholders, build relationships with vendors, manage supply chains, negotiate contracts and more. As the primary link between an organization and its external counterparts, there’s an enormous amount of pressure on procurement to move quickly and maximize value for multiple parties.

This whitepaper discusses how a modern agreement workflow could help Procurement teams that rely on manual agreement processes. A modern system of agreement that makes an organization easy to do business with, streamlines contract management across the procure-to-pay process to control costs, increase efficiency, mitigate risk and improve visibility at every stage.



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