CLM Matrix - Contract Lifecycle Management Using Microsoft SharePoint 2007

Contract Lifecycle Management Perspective for Finance Executives

Does your organization understand the rights and obligations of its contract portfolio?
Can your organization put its finger on all outstanding contracts? If not, why?
Have the inherent risks been identified and priced?
Has your organization identified the potential uplift from automating its buy/sell side contract process?
Where are the quick wins in contract automation?
What is the most time consuming part of your work? Is it the most profitable use of your time?
What are some of the other value added activities on which you could work if given the time?
How would a CLM initiative benefit the finance organization?
How are individual terms, conditions, clauses (TCC) being managed/controlled? Are there inherent risks?
Are there people in your organization who begin their work by analyzing and dissecting contracts?
What kind of information might be beneficial from a CLM solution?
How is strategic contract data being entered into your ERP or accounting system?
What is the time value of money for reducing your firm’s DSO?
What are the top improvement opportunities for your firm’s purchasing contracts? Sales contracts?
Where is the low hanging fruit/business pain for contract improvement? Buy side? Sell side?
How will reducing the cycle time for the contracting process provide financial value to your firm?
Does your organization have real-time visibility for all your contracts in the pipeline?