IBM Business Partners

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It can also significantly increase uptime and lifespan.

Inventory Management 59

Inventory Management Risk Management Risk Management Regulations 59

Obobo

MARCH 19, 2023

Implementing an effective Contract Management Lifecycle helps organizations effectively manage risks, achieve better financial outcomes, and ensure that contracts are in compliance with regulatory requirements. One of the primary reasons is that it helps businesses mitigate legal and financial risks.

Management 40

Management Reduced Costs Efficiency Regulations 40

Obobo

MARCH 19, 2023

– Contract monitoring and management: This involves reviewing and monitoring the contract to ensure that the vendor is meeting their obligations. – Risk management: VCM helps identify and mitigate risks associated with vendor contracts, such as cybersecurity threats, data breaches, or financial instability.

Management 40

Management Reduced Costs Automation Accounting 40