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Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

EAM can help companies stay compliant by providing up-to-date documentation, tracking necessary inspections, ensuring that all equipment meets the required standards, and providing alerts for upcoming compliance-related activities. It can also significantly increase uptime and lifespan.

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The Top 8 Business Travel Management Tools

Planergy Software

Allowing employees to take charge of their travel arrangements reduces the burden on travel managers or administrative staff, freeing them up to focus on other important tasks. Cost Control When employees are responsible for booking their own travel, they tend to be more mindful of costs.

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What Is Vendor Contract Management And Why Is It Important?

Obobo

Vendor contract management tracks the performance of all vendors associated with an organization and helps manage their relationships with them better. It centralizes the documentation and records of all vendor contracts in one place, allowing for improved collaboration and compliance.

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What Is Contract Management Lifecycle And Why Is It Important?

Obobo

The Contract Management Lifecycle involves five distinct phases: initiation, creation, execution, compliance, and renewal. The creation phase involves drafting the document, reviewing it, and obtaining approvals. This document is now enforceable, and all parties must adhere to the terms of the agreement.