ABiz Contract Management Blog
ABiz Supports Global Customers
Here at ABiz Corporation, we bring clarity and innovation to the full commercial contract management lifecycle. We do this through managing contracts, and educating to unlock value, create efficiencies, and reduce risk. We do this for companies globally! That’s right.... read more5 Efficiencies of Self-service Contract Creation
Contracts always seem to be overwhelming, right? They seem to always require additional reviews by various team members and departments, and at times they should. However, an easier way exists through the self-service contracts. Self-service contracts enable... read moreWhy Do Contract Management Systems Fail?
We often hear horror stories about how contract management systems have failed to deliver the value originally expected. About how some companies abandoned a system shortly after it was implemented. This is not what we want to happen after spending thousands of... read moreHow can commercial contract management help a company’s profitability (post-execution phase)?
As we previously explored, there are many things a commercial contract manager (CCM) can contribute to enhancing a company’s financial position in the pre-execution phase. This post will look at some of the things we can do in the post-execution phase of the contract... read moreHow can commercial contract management help a company’s profitability (pre-execution phase)?
In many companies, a contract management department is an overhead function, a cost center, an area that is often the target of cost cutting efforts. What would happen if companies started thinking of contract management as a profit center and a business partner with... read moreDo you know the difference between a Most Favored Customer (MFC) clause and a Benchmarking clause in your contracts?
Do you understand the purpose of both of these clauses? Here is a simple, practical explanation to keep them straight. Let’s start with the similarities. They are both price comparison clauses. The price comparisons are meant to help assure that customers receive the... read moreWhat are the top 10 elements of an effective benchmarking clause?
Complex, long term contracts require some mechanism to determine whether prices, over time, are competitive with the market. This is especially true in the IT field where technology and prices tend to change rapidly. Benchmarking clauses allow customers the... read moreContracts & Commercial Management (CCM) Function Setup: Fortune 100 Multi-national Technology Company
Challenges: Contracts not executed at the pace needed to meet customer needs
read more