| | April 20216Today, the value of digital contract management has shifted from a back-office conversation to a competitive advantage. Most organizations have stood on the brink of a digital transformation for close to a decade, but COVID-19 obligated organizations to take the leap and address the inefficiencies in their current contract management strategy head on. Consequently, as per a recent report, the contract management solution market is expected to grow to USD 2.9 billion by 2024 at a CAGR of 13.5 percent during the forecast period. The growth is attributed to the rising demand for agile contract management solution and compliance changes across the globe. Organizations are largely inclining towards automation, which means less risk, stronger regulatory compliance and greater efficiency. Risk management has taken an even sharper focus with companies now more mindful of what could happen. There is expected to be greater usage of third-party risk tools in contracting processes to establish prospective suppliers' robustness should there be any future disruption to the global economy. In addition, there is a focus on efficiency and lean operations to keep costs tightly controlled and this is where contract management solutions can easily fit as a sensible and strategic option. In this edition of CIOReview, we bring you the story of some of the most promising enterprise contract management companies in UK and Europe that deliver the best outcomes for their clients. It also offers a combination of thought leadership from subject matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the enterprise contract management solution provider according to your requirements.Let us know your thoughts!EditorialHarness the Power of Accelerated Digital TransformationCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com April - 13, 2021, Vol 10, Issue - 16 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReview EuropeVisit www.ciorevieweurope.com Editorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasVisualizersDavid ParkerBrian Harding*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffPaul John Managing Editoreditor@cioreview.comManaging EditorPaul JohnSalesAnnie Mathewsannie.mathews@cioreview.com Dane Stanley
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