CP-16 - Take Control of your Contracts Process · 11/3/2016  · Market Drivers 4 © Deltek, Inc....

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CP-16 - Take Control of your Contracts Process Jennifer Eastman

Transcript of CP-16 - Take Control of your Contracts Process · 11/3/2016  · Market Drivers 4 © Deltek, Inc....

Page 1: CP-16 - Take Control of your Contracts Process · 11/3/2016  · Market Drivers 4 © Deltek, Inc. CONFIDENTIAL MATERIALS Contract Complexity & Increased Compliance Contract Management

CP-16 - Take Control of your Contracts ProcessJennifer Eastman

Page 2: CP-16 - Take Control of your Contracts Process · 11/3/2016  · Market Drivers 4 © Deltek, Inc. CONFIDENTIAL MATERIALS Contract Complexity & Increased Compliance Contract Management

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Is this your

current

contract

process?

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Market Challenges

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Failed to

meet

compliance

requirement

s

Lost key

employees

Were pulled

into a major

audit

Lost major

customers

Suffered

major press

losing

customer

confidence

Broken contract processes have led to significant business risks and

compliance failure

Research done by International Data Corporation IDC

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Market Drivers

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Contract Complexity & Increased Compliance

Contract Management Solutions moving from

“Nice to Have” to “Need to Have”

Increase in global business velocity & audits

Digitization of paper contracts

Push for legal service and finance integration

Page 5: CP-16 - Take Control of your Contracts Process · 11/3/2016  · Market Drivers 4 © Deltek, Inc. CONFIDENTIAL MATERIALS Contract Complexity & Increased Compliance Contract Management

What is Deltek Contract Management ?

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Support your contract team the day to

day management of contracts

Access the non-financial as well as

financial data associated with your

contracts

Mitigate risk and manage OCI

Out of the box integration with Deltek

Costpoint

Integrated view of your contract data

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Top Contract Management Benefits

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Central Repository for Contract Data

Reduce Contract Risk and Audit Costs

Better Collaboration and Integration

Faster Contract Inquiry Response Times

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Central Repository for Contract Information

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Deltek

Contrac

tManagement

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Reduce Contract Audit Costs & Improve Risk

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Better Integration & Collaboration

CRM

Business

Developmen

t

ERP

Finance

Contracts

Automate

d

CM

CRM ERP

Contracts

Business

Development Finance

Page 10: CP-16 - Take Control of your Contracts Process · 11/3/2016  · Market Drivers 4 © Deltek, Inc. CONFIDENTIAL MATERIALS Contract Complexity & Increased Compliance Contract Management

Faster Response Times - Better Customer Service

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Look through files

Find documents

Send emails requesting

missing information

Wait…Review/clarify

resultsPresent results

Run Report of needed data

Review results Present results

Typical Data Call – Manual Process 1-2 Weeks

Typical Data Call – with Deltek Contract Management – 1-2 Hours

Your personal “easy button”

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Deltek Contract Management

Inside the Solution

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Page 12: CP-16 - Take Control of your Contracts Process · 11/3/2016  · Market Drivers 4 © Deltek, Inc. CONFIDENTIAL MATERIALS Contract Complexity & Increased Compliance Contract Management

Role Based Dashboards - 360 Degree View

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Configurable Contract Records – Not a Process in a Box

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Vendor Performance Scorecard – Building Relationships

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Pre-Built Connector – Integration to Costpoint

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Modifications - Entered in Costpoint

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Modifications, Dates and Costs – Alerts from Costpoint

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Reporting - Better Visibility

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Track Provisions - Compliance

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Manage Close Out Process - Automation

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Closeout and Contract Briefs - Exported

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Why Deltek Contract Management?

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It is the leading integrated COTS solution purpose built for managing federal

contracts

Highly configurable, leverage automation via work flows for alerts and approvals

Can be deployed in the cloud or hosted on your premise

Industry proven, out of the box integration with Costpoint

A single centralized repository for all contract data and related documentation

Real time enterprise visibility to all contract data

Seamless integration with Word and PowerPoint

Reduces time & costs with contract operations

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Thank You!

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