Contract management
The Brexit shows how important company-wide property and contract management is for companies operating throughout Europe!
In an article on the ntv website of 12 June 2019 entitled: EU demands 44 billion euros, the author writes among other things: "In the view of the Brussels Commission, the European Union is now well prepared for the dreaded Brexit without a treaty. No further legal emergency measures would be needed before the now valid departure date of 31 October, the EU Commission explained. All member states are highly prepared for all scenarios".
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Why invest money in a contract management system?
According to the Gartner Group, 60% of all supplier contracts automatically renew without the buyer's knowledge, mainly because the buyer fails to terminate the contract. Even more astonishing is the fact that 50% of the contracts are renewed several times without the buyer's knowledge (Forbes, Gardner group).