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 58

Inventory Management Risk Management Risk Management Regulations 58

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

Obobo

MARCH 19, 2023

One of the primary reasons is that it helps businesses mitigate legal and financial risks. Contract management ensures the compliance of contracts with all applicable laws and regulations. Another benefit of contract management is that it helps to minimize conflicts and disputes between parties.

Management 40

Management Reduced Costs Efficiency Regulations 40