Outsourcing firm Premikati has announced plans to use Ariba Contract Management Professional to create an efficient, digital process for managing contracts.
As an SAP Ariba BPO partner, Premikati will use SAP Ariba’s technology to provide contract management services to both large enterprises and companies under $500 million in annual revenue.
“We have seen clients of all sizes and industries struggle with contract management,” said Marisol Buczynski Buchanan, CEO, Premikati. “Lack of tracking with respect to items such as expiration dates, renewal terms/price increases, service level agreements, notice provisions, and even counter signatures is all too common. With SAP Ariba, we can help them overcome these issues.”
Companies can be up and running in two to three weeks, according to Buchanan.
According to Premikati, the offering will enable businesses to automate and accelerate the entire contract lifecycle; standardise and control contract development; collaborate with all stakeholders; and strengthen operational, contractual and regulatory compliance.
“Contracts are the lifeblood of any organisation and managing them effectively can deliver strategic advantage,” said David Johnston, senior vice president, partner ecosystem, SAP Ariba.
“With SAP Ariba’s technology and Premikati’s contract management expertise, companies of all sizes can get on the road to automation and drive an efficient process that lowers both their costs and risk.”
Premikati is also a SAP silver partner.
