{"id":1076,"date":"2014-03-13T14:44:37","date_gmt":"2014-03-13T14:44:37","guid":{"rendered":"https:\/\/stagingwww.zycus.com\/a-day-in-the-life-of-a-contract-safeguarding-value-through-improved-contract-management"},"modified":"2023-10-19T08:03:02","modified_gmt":"2023-10-19T08:03:02","slug":"a-day-in-the-life-of-a-contract-safeguarding-value-through-improved-contract-management","status":"publish","type":"post","link":"https:\/\/dev.zycus.com\/freshz\/blog\/contract-management\/a-day-in-the-life-of-a-contract-safeguarding-value-through-improved-contract-management","title":{"rendered":"A Day In The Life Of a Contract: Safeguarding Value through Improved Contract Management"},"content":{"rendered":"<h5>&#8220;Even though finding and awarding the correct suppliers is crucial, the effort put into it can be undone if the contracts are not managed effectively.&#8221;<\/h5>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/dev.zycus.com\/freshz\/wp-content\/uploads\/2014\/03\/A_Day_in_the_Life_of_a_Contract_blog.webp\" alt=\"A\" width=\"499\" height=\"195\" \/><\/p>\n<p>As executives increasingly understand the importance of contract management, the &#8216;return on investment&#8217; goes far beyond increased efficiency and faster cycle times.<\/p>\n<p>High performing contract management groups are driving substantial improvements to the bottom line. So what are the critical phases in the life of a contract?<\/p>\n<p>This webinar, sponsored by Zycus (a leading Source-to-Pay solution suite provider) will explore a series of the major &#8216;pain points&#8217; across the different phases of the <a href=\"https:\/\/zycusicontract.com\/contract-lifecycle-management-clm-software-solution\" target=\"_blank\" rel=\"noopener\">contract management process<\/a>. Get 360 degree insights, drawing on IACCM research of &#8216;best practices&#8217;, along with a successful practitioner\u2019s perspective.<\/p>\n<p><strong>Highlights will include insights into;<\/strong><\/p>\n<ul>\n<li>Timing of engagement of contract expert resources<\/li>\n<li>Ensuring the right terms are in the contract<\/li>\n<li>Streamlining review and approvals<\/li>\n<li>Meeting and managing contract milestones and obligations<\/li>\n<li>Handling contract changes<\/li>\n<li>Ensuring effective management of close-out or renewal<\/li>\n<\/ul>\n<p><strong>Webinar Details:<\/strong><\/p>\n<ol>\n<li><strong>Tim Cummins, President &amp; CEO, IACCM<\/strong><\/li>\n<li><strong>Brandt Rydell, Assistant General Counsel, ERCOT<\/strong><\/li>\n<li><strong>Richard Waugh, Vice-President Corporate Development, Zycus Inc.<\/strong><\/li>\n<\/ol>\n<p><strong>Date:<\/strong> Tuesday, March 18, 2014 at 2pm EDT<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Even though finding and awarding the correct suppliers is crucial, the effort put into it can be undone if the contracts are not managed effectively.&#8221; As executives increasingly understand the importance of contract management, the &#8216;return on investment&#8217; goes far beyond increased efficiency and faster cycle times. High performing contract management groups are driving substantial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":101205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1941],"tags":[386,424,563,648,946,1004,408,589,613,835,1005,825],"ppma_author":[170],"class_list":["post-1076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-contract-management","tag-automation","tag-contract-management-2","tag-contract-management-solution","tag-contract-management-solutions","tag-contracts","tag-iaccm","tag-procure-to-pay-3","tag-procurement-automation","tag-procurement-strategy","tag-source-to-pay-automation","tag-tim-cummins","tag-webinar"],"acf":[],"authors":[{"term_id":170,"user_id":0,"is_guest":1,"slug":"zycus-inc","display_name":"Zycus","avatar_url":{"url":"https:\/\/dev.zycus.com\/freshz\/wp-content\/uploads\/2025\/02\/zycus-author.png","url2x":"https:\/\/dev.zycus.com\/freshz\/wp-content\/uploads\/2025\/02\/zycus-author.png"},"author_category":"0","last_name":"Agentic Procurement Platform","first_name":"Zycus","job_title":"","user_url":"https:\/\/dev.zycus.com\/freshz","description":"Zycus is an Agentic Procurement Platform that is redefining procurement from Source-to-Pay to Intake-to-Outcomes. Its unified platform combines native Intake, agentic AI, and an end-to-end S2P core to help enterprises drive real procurement outcomes \u2014 not just transactions. Recognized by Gartner, Forrester, IDC, and customers worldwide, Zycus is shaping the next generation of procurement with the Merlin Agentic AI Platform."}],"_links":{"self":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/posts\/1076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/comments?post=1076"}],"version-history":[{"count":0,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/posts\/1076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/media\/101205"}],"wp:attachment":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/media?parent=1076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/categories?post=1076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/tags?post=1076"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/ppma_author?post=1076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}