Advanced Contract Lifecycle Management in the Oil and Gas Sector
PennEnergy has posted a complimentary white paper describing the emerging generation of more capable, cloud-based contract lifecycle management solutions.
The paper, sponsored by SciQuest, examines powerful trends driving oil and gas firms towards greater supply chain efficiencies, the elements in a modern contract management environment, and how best to implement such a solution.
On its website, PennEnergy says oil and gas firms often struggle with manual and obsolete contract management systems. The costs of those outdated methods are high: wasted administrative time and money, lost operating efficiencies, missed opportunities including loss of potential revenue, and greater risk to the organization and to executives.