In today’s fast-paced, high risk, intricately intertwined business environment, procurement needs effective digital contracts more than ever before. But those contracts, and the systems that create and manage them, have to be prepared to rise to the challenge as well.
Rather than static documents that are only used in an emergency or at renewal time, contracts can serve as connectors between people and organizations. Contracts must become the common ground that all supply relationships are founded on, and they should be as agile and sophisticated as procurement itself.
In this AOP Live session, we were joined by Paul Bagley, Director of Commercial Contracting at Acosta Group and Toby Laforest, Director of Product Marketing at Ironclad, to have a conversation about the mindset shift procurement needs to undergo for contracts to deliver their full potential value to the organization.
They answered live questions about:
- How contracts can center a P2P system around user requirements and drive improved business decisions
- What contracts can teach us about positioning supplier relationships to succeed
- Opportunities for AI and automation to streamline negotiation processes while increasing overall project impact
Dig Deeper:
- Paul Bagley on LinkedIn
- Toby Laforest on LinkedIn
- Ironclad
