• The oboloo Team
• January 18, 2022
• Contract Management
• 0 Comments

How To Save Money Managing Supplier Contracts Better managing third-part supplier contracts probably isn’t high up on many companies’ finance department to-do lists. However, it’s been estimated that the average company loses about 9% of annual turnover due to poor contract management practices.  With a typical company’s profit margins hovering around 10%, even halving this loss can increase profit margins by nearly 5%! Depending on the …