In the first of our ROI series, Zycus’s Co-founder and EVP, Arthur Raguette discussed both top-line and bottom-line business cases to elaborate on the importance of contract management solutions for increasing revenue and reducing costs:
Increase Soft Savings with AI-powered contract tools
- Improved operational efficiency through automation across the contract lifecycle
- Timely reviews and remediation of supplier risk factors with smart analytics
- Reduction in legal employee costs by leveraging AI and automation
- Reduction in sales operation costs through automated workflows
- Automated, guided workflows for faster contract sales cycles
Increase “hard” savings with AI-powered contract tools
- Prevention of financial losses through early identification and remediation
- Procurement/supply chain savings through effective restructuring and reducing external services
- Timely negotiations for effective contract renewals
- Penalty avoidance and/or recapture through early alerts and triggers
- Increasing net new revenue through quick and efficient contract turnaround
Arthur Raguette
Co–founder & Executive Vice President, Zycus
Mr. Raguette is very passionate about the application of innovative technologies to solve real-world business problems with a strong emphasis on enterprise solutions. Arthur has more than two decades of experience in working in Information Governance domains across industries. Arthur’s prior technology passions included high-performance B2B middleware, SaaS deployed master data governance platforms and hybridized SaaS applications for HR, and Employee domains.
