Billion-dollar blind spot

The untapped value of  Contract Intelligence  across global enterprises

For years, enterprises have invested in digitizing and storing their contracts. The next challenge is making the intelligence within those contracts available to every team that needs it.

The findings, drawn from senior enterprise leaders across the US, UK, France, and Germany, reveal a widespread gap between storing contracts and being able to use the intelligence within them – and the value lost when companies cannot act on commercially important information already held in their agreements.

The report explores:

Access remains limited. Only 21% can immediately access why contract terms were agreed.

Contract knowledge is fragmented. 31% struggle to locate or explain commercial contract details.

Billions remain unexplained. 31% say more than $1 billion in annual contract value has its reasoning held in individuals’ files, emails or personal knowledge.

Decisions are delayed. One in three respondents has missed or delayed a commercial decision because contract information was not accessible.

Contract intelligence remains siloed. 33% must speak to Legal or the contract owner to get the information they need.

From contract storage to Contract Intelligence

Download the full State of Contract Intelligence Report to explore the research, understand the scale of the opportunity, and see why contracts are everyone’s business.

Based on a global survey of 538 General Counsels, Heads of Legal Operations, Chief Compliance Officers, Procurement Leaders, Chief Financial Officers, and Chief Operating Officers, this report examines the state of Contract Intelligence across the enterprise.

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