Contract Management
Newsletter

Issue: October 2007

Welcome to the second edition of the Contract Management Newsletter. This month we will be discussing how OCR scanning can benefit your companies contract management practices, why automatic notifications are essential in effective contract management and how you can ensure that you are paying the correct amount on your supplier invoices.

Hard copy documents are turning soft

 
Hard copy documents are turning soft
OCR is fast becoming an invaluable business application. Turning hard copy documents into soft copy documents that a computer can easily read and manipulate, OCR improves the efficiency and productivity of resources.
If you/your organisation reference a large number of hard copy documents, sifting through this information manually can be a mammoth task and will always be subject to human error... read more>>>
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Automatic Notification of Milestone Events  
Automatic notification of contract milestones
Managing contract renewals is an intricate and challenging process requiring you to assess various factors such as the contracts performance, value for money and business risks. If the contract is not terminated prior to the cancellation .... read more>>>
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Are you sure you should be paying that?  
Are you sure you should be paying that?

It has been recently reported that around 15% of supplier invoices are inaccurate, which highlights the costly risk of not reconciling invoices with terms negotiated on supplier contracts...
read more >>>

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User Group Success!  
User Group success!

Software Europe's head office played host to framework's annual User Group in September. Customers came to learn about the latest developments and enhancements and an insight into how other clients benefit from using framework.

Attendees reported that it was an invaluable and most enjoyable experience and can't wait for next year! You can become part of next years User Group by contacting Adele Briggs on 01522 881300.

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Did you know?   Did you know?
 

Executive Planet is used by professionals around the world to delve into the culture of countries they are about to conduct business in. It’s written by executives who have really experienced it and want to let their colleagues in on all the cultural secrets.

However, if you fancy a giggle be sure to stop by the UK section and see just how ‘accurate’ it really is!

 

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Not automated your contract and supplier management yet?   Are you still risking managing your contracts manually?
 

Please call Adele Briggs on 01522 881300, to understand the benefits framework will bring to your organisation. We can organise for one of our advisers to analyse the benefits of automation for your organisation, arrange a demonstration or invite you to attend one of our regular seminars or webinars.

Software (Europe) Ltd, Nibley House, Low Moor Road, Lincoln, LN6 3JY
t: 01522 881300 e: marketing-info@software-europe.co.uk