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Overview:           Detail:

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"e-Three helped us make sense of our disparate spend. Using a combination of technology and real-world experience, e-Three helped us identify 10 major savings opportunities in the first four months."

    - Head of Procurement, Print Management company.

e-Three Contract Management

"Visibility and pro active control of every contract."

Authoring contracts is a critical part of effective procurement. Product and service specifications must clearly define what it is being bought and the corresponding commercials need to accurately reflect what is required. However, without the visibility of contracts that have been agreed with suppliers, the potential savings identified in the sourcing process can quickly evaporate.

The Challenges:

• A protracted and onerous Contract Authoring process.
• Lack of a Central Contract Repository.
• "Sign & forget" Culture.
• Inconsistent Contract Terms.
• Negotiated savings lost.

The Solutions:

e-Three's solution leverages Oracle Procurement Contracts to support efficient authoring of contracts library, based on predetermined policies and the ability to effectively manage those contracts over their life time. The legal department works with buyers to enable contractual control.

e-Three’s solution leverages Oracle Contracts to support contract management in a central contract repository. The contracts workbench allows buyers and legal to have a “single source of truth” for all contracts. There is one place for all contracts and contractual information.

Combining the deployment of these solutions with e-Three's deep procurement expertise, clients can expect a rapid, tangible, return on investment.

The Result:

• Pro-actively manage every contract.
• Author contracts 70% more quickly.
• Ensure full legal policy compliance.