Building a Modern Agreement Workflow for Procurement

As the primary link between an organization and its external counterparts, there’s an enormous amount of pressure on procurement professionals to move quickly on agreements and maximize value for multiple parties. Manual agreement processes introduce room for unforeseen costs and errors.

This whitepaper discusses new technology that streamlines procurement work by creating efficiencies in agreement workflows.Some of the key topics discussed are:

• 4 important procurement stages to optimize, and the types of documents included at each one

• How optimized agreement processes contribute to procurement success

• How to know when it’s time to upgrade procurement processes

• 5 principles for designing a modern system of agreement