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Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs. By analyzing asset data, companies can identify inefficiencies, uncover cost-saving opportunities and make more accurate budget forecasts. It can also significantly increase uptime and lifespan.

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The Top 8 Business Travel Management Tools

Planergy Software

Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns. Effective business travel management can lead to cost savings, increased employee satisfaction, and improved productivity.

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What Is Vendor Contract Management And Why Is It Important?

Obobo

– 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.

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What Is Contract Management Lifecycle And Why Is It Important?

Obobo

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. With the advancement of technology, contract management has gone through many changes.