Business Intelligence to Reduce Risk
As an owner or director of a company, under Australian law, you can be personally liable. Do you know the levels of risk you are exposing yourself to?
- Do you know if a supplier’s insurance, public liability, product liability, workers compensation, etc has expired?
- Do you know what risks you face due to contractor non-compliance, penalty clauses, sub-contractor insurance etc?
- Do you have an early warning system and processes in place to mitigate this risk of non-compliance?
metaSC’s iCiX solution can provide real-time reporting to keep you up to date and eliminate your risk to supplier non-compliance.
Contact us to discuss how we can help you reduce your risk and increase your profit.
Business Intelligence to Increase Profit – Reporting Portal
- increase revenue by up to 2%;
- reduce materials costs by up to 7% and
- reduce administration costs by up to 30%.
You are either the owner of the company, divisional head, General Manager or CxO. You need Business Intelligence so you can make effective business decisions to increase profit. As Lewis Platt, former CEO of Hewlett-Packard once said:
“If HP knew what HP knows, we'd be three times more profitable”
According to a study by IBM, the typical company takes only 2% to 4% of transactional data gathered from Point-of-Sale data into account when making profit affecting business decisions. Imagine what profits can be generated if your organisation can see and use the information it already has. Research by PwC, Aberdeen group and others show that effective contract management can
- increase revenue by up to 2%;
- reduce materials costs by up to 7% and
- reduce administration costs by up to 30%.
Does your organisation have an effective contract management solution?
- Do you know exactly how many contracts you have with suppliers, customers, leases, grants etc?
- Can you track key contractual dates?
- Do you have an early warning system in place for upcoming key dates?
- Do you know exactly which contracts expire in the next three months?
With metaSC contracts-ENTERPRISE, all this information can be called up in seconds on an Executive Portal.
Take a look at the Business Benefits of Contract Management and then contact us. We would be happy to discuss how your organisation can cut costs, increase revenue and reduce risk using effective contract management.
