Will ContractBuddy improve our ability to analyze contract performance and risk?
Yes. Optional analytical tools including online analytical processing (OLAP) are available to assist in contract performance and risk management. Performance monitoring and analytical tools can be used to track stakeholder data and statistics to help organizations evaluate contract performance, assess risk and optimize contract usage. This data can be used to report on a single stakeholders performance or the data can be aggregated to assist in making strategic sourcing decisions as well as increasing revenues.