Contract Management Solutions Copyright © 2013 Tech Mahindra. All rights reserved. 1 What is Contract Lifecycle Management? Contract Lifecycle Management (CLM) is the capability to manage multiple legal document types through each stage in the contract lifecycle and transact across operational processes. Analyze & Optimize Modify / Terminate Transact Audit / Comply Capture / Store Approve Negotiate Create / Draft Search Legal Document Types Plan Contract Lifecycle Management Administration Contracts (Buy/Sell/IP/) Licensing / IP Non-Disclosure Agreements Others Copyright © 2013 Tech Mahindra. All rights reserved. Enterprise Data Hierarchies 2 Contract Management Value Top Benefit Areas Search for Contract Details Increase Productivity Enhance Creation / Drafting Streamline Approval Process Total CLM Value Opportunities Improve Contract Data Accuracy Improve Quality & Controls Improve Margin Protection Improve Contract Performance Enhance Order to Contract Linkage Reduce Cost Enhancement Decrease IT Maintenance & Support Costs Eliminate CMS Pipeline Project Costs The Business Case • Reduced time to find agreements and associated contract details • Reduced time supporting contract inquiries • Reduced time finding SOW information • Reduced time re-entering contract details • Reduced time creating contracts due to integrated templates and T&Cs • Reduced time creating/drafting SOWs • Reduced time for approvals when non-standard terms are integrated into the automated approval workflow • Streamlined parallel and sequential approval hierarchies for SOWs • Improved data integrity between contract data and downstream systems • Improved tracking of contract changes • Improved consistency of contract terms • Improved use of standard terms • Improved integration between deal master and contract information • Improved visibility to contract discounts • Reduce FTE support for ongoing enhancements • Packaged software releases provide future enhancements • Cancellation of current CMS pipeline projects • Elimination of annual support and maintenance for CMS Reduce Application Support Costs Copyright © 2013 Tech Mahindra. All rights reserved. 3 Our Understanding: Contract Management Efficient contract creation and management process resulting in lesser off-contract buying Contract Management Process Contract Authoring/Creation Creation of new contract Manage Documents & Tasks Amend Existing contract Create Contract Request in ACC Auto Approval Contract Negotiation Publish Contract Approval Rule based Approvers Additional Approvers (Optional) Auto Approval Contract Creation Contract Creation Contract Repository Optionally send to ERP Contract Management (Compliance & Control) Default Contracts Accumulate Spend Copyright © 2013 Tech Mahindra. All rights reserved. Notifications/Trac king/Reports Key Features 1. Contract Authoring-2-Approval Business Specific Templates Different Hierarchical Types Delegation of Approval Multi-Currency Inter-Company Contracts Rule driven approvals Delegation of Approval DFS Automated Contract Creation 2. Contract Visibility Role management by Positions Access Control Contract Visibility Global or Regional 3. Contract Management Default on transactions Spend accumulation and reconciliation Expiration by Time and Spend Limits Milestone Tracking Notifications by user choice Various amendment types Reporting by different criteria 4 Tech Mahindra Spend Management Practice Our Capabilities in Contract Lifecycle Management Analyze & Optimize Modify / Terminate Transact Audit / Comply Capture / Store Approve Negotiate Create / Draft Legal Document Types Search Plan Contract Lifecycle Management Administration • • • • Contracts (Buy/Sell/IP/) Licensing / IP Non-Disclosure Agreements Others Proposed services Enablement of Contract Management Module Integration Services Loading of legacy contracts Contract Process Management Contract Compliance and reporting New site rollouts Training Services Copyright © 2013 Tech Mahindra. All rights reserved. Enterprise Data Hierarchies Capabilities 25 + Member Contract Mgmt Team Experience in delivering both Buy Side and Sell side contracts Working knowledge on products like Ariba, Emptoris, Symfact and SAP Currently 5 member Emptoris team specializing on Emptoris contract mgmt (Dicarta) Experience For a Large Indian steel conglomerate - implemented of Ariba Contracts For US based Pharmaceutical Major – Support Emptoris Contract Mgmt For Indian Defense implemented – Implemented bespoke contract management solution For a UK based large telecom major. – Managing contract mgmt process 5 Marquee Customers in Contract Management Consulting Implementation Copyright © 2013 Tech Mahindra. All rights reserved. Application Support Contract Mgmt Process Support 6 Case Studies in Contract Management NAB Scotia US Based Life sciences Custome r Barclays Industry BFSI O&G Steel M &E Life Sciences Steel Beverages Lifescienc es Telecom Type of Partnership Strategic Partner Strategic Partner Implementa tion Partner Strategic Partner Implementa tion Partner Strategic Partner Strategic Partner Strategic Partner Turnkey Solutions Provider Duration of Engagement 0.5 years 6 months 1 year 5+ years 1.5 years 6 Months 7 Months 7 months 7 years Team Size 6 4-6 4 5 12 2 10 6 180 Onsite: Offshore 30:70 20-80 10:90 50:50 35:65 100:0 25: 75 20:80 10:90 Delivery Locations US Hyderabad US & India Hyderabad and Hazira US and Hyderabad Belgium and Hyderabad Luxembourg Bangalore, Hyderabad US, UK, Hyderabad UK, India Value Proposition Business Process Study, Implementation and Support of contract Mgmt Application Implementatio n, Upgrade and Support of Contract Mgmt Process and Application Process Reengineering, Implementation of Ariba 9r1 Contract Management ADMS – Contract Management Implementatio n of complete Suits of Ariba 8.2.x spend management Contract Mgmt Process Reengineerin g, Package Evaluation Cost Savings, Sourcing and Contract Mgmt Upgrade Cost Savings, Contract mgmt Process Support Technologies /Applications Ariba Contracts Workbench and Compliance Ariba Contract Workbench and Compliance Ariba 9r1 Spend Management Suite Ariba 8.x Contract Workbench and Compliance, SAP Ariba 8,2,x webmethods SAP Evaluated Ariba, SAP, Emptoris, Ivalua Upgrade from Ariba 7.x to Ariba 8.x BT CMS – Proprietary and SAP Key Highlights Developed Vendor Scorecard and performance mgmt system in intg with CMS Managing around 20,000 Contracts, Automated contract loading process Involved in enabling and Managing $ 150 M USD Contracts Streamlined and redesigned pre-contract and contract mgmt processes globally Developed auto migration tool for migration Managing $20 B USD worth of contracts and 6000 suppliers Copyright © 2013 Tech Mahindra. All rights reserved. Enabled both buy side and sell side contracts for steel business. Managed around 100 service contracts Ariba 9r1 Spend Management Suite In progress – Providing Hybrid integration (UpstreamDownstream) 7 7 Thank you Visit us at www.techmahindra.com Disclaimer Tech Mahindra Limited, herein referred to as TechM provide a wide array of presentations and reports, with the contributions of various professionals. These presentations and reports are for informational purposes and private circulation only and do not constitute an offer to buy or sell any securities mentioned therein. They do not purport to be a complete description of the markets conditions or developments referred to in the material. While utmost care has been taken in preparing the above, we claim no responsibility for their accuracy. 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