Contract Economics

Contract Economics is a way to help businesses view the value of their full range of contracting activities.

It measures overall value and return on investment; allowing businesses to know if a contract is fit for purpose. 

Businesses can assess their contract economics by: 

• Examining the costs of creating, negotiating and finalising contracts. 
• Monitoring negotiations and delays in time-to-signature
• Developing a deeper understanding of contract risks and how to mitigate them. 

Risks can be captured, measured and mitigated with greater confidence.

Tighter management of contractual obligations