Spend management, a process of comprehensively managing, optimizing and controlling the money spent by organizations. It is the contemporary the way of managing supplier relationships, identifying money spent on purchases. Spend management encompasses of procurement, invoicing, outsourcing and supply chain management. Enterprises have larger routine transactions which require lot of time and effort. Millions of […]

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The ultimate goal of automating contract abstraction is to lessen business and reputational risks of corporations by ensuring they comply with the terms and conditions of every contract. Most importantly, automated contract management enables corporations to foresee their rights and obligations, and thus prevents future litigation and its cost. Automated Contract Abstraction Puts pertinent information […]

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