Dri­ving effi­cien­cies in the pro­cure­ment con­tract­ing processes

The team at Lex created an improved contract management process for a €2.5bn direct procurement function.

This result­ed in for­mal con­tract cov­er­age from 40% to 90%, 50% word count reduc­tion, legal request turn­around reduced from 2+ weeks to 1 – 3 days and improved controls.

The pro­gramme includ­ed imple­ment­ing a con­tract life­cy­cle man­age­ment sys­tem: con­fig­u­ra­tion, inte­gra­tion with exist­ing process­es and devel­op­ing work-arounds for sys­tem deficiencies.

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