Category: Contract Lifecycle Management
The Value of Risk Mitigation
In 2016, DOD IG drove:
48 arrests
171 criminal charges
81 debarments
$1.5 billion in settlements for the government
DCAA, GSA, and agency IGs and COs drove numerous other penalties and settlements.
Most firms have the goal of “increasing compliance,” but the representative business case below should help shed some light on the true value of risk mitigation.
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Contract Management System ROI
When it comes to making an investment decision in software and other tools, the C-level executives, especially the CFO, want to clearly understand return on investment (ROI). Demonstrating lost productivity by tracking hours spent on tasks that can easily be automated is a key step.
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