Home » News and Events

Hackett's Research Study

IF SPEND VISIBILITY IS THE LIFEBLOOD OF PROCUREMENT, THEN CONTRACT VISIBILITY IS THE DNA: GENE THERAPY NEEDED!

The best negotiated contract in the world means nothing if there is no way to monitor whether it is being utilized and whether a supplier is in compliance with it.


In spring 2005, The Hackett Group conducted a study of over 200 organizations to ascertain the impact of poor contract visibility on the performance of indirect procurement categories. Download this document to learn more about the research results.

Contract visibility adds value to procurement in many ways:

» Ensuring that negotiated savings are hitting the bottom line
» Use contract data to find additional spend savings
» Use contract data to streamline processes and reduce not just process costs, but opportunity costs
» The most fundamental objective of contracts is to reduce risk – including both commercial and regulatory risk

Please provide the following information (all fields are required).


First Name:
Last Name:
Title:
Company:
Phone:
Email:
State:**

**if outside of the U.S. or Canada,
select "N/A"
Country:
Website:
Industry:
Software Evaluation Timeframe:

Questions and Comments:

[ back to top ]