US EditionIronclad Launches New Capabilities to Help Enterprises Recapture Millions in Lost Contract Value
- Ironclad announced new features on April 10, 2025, in San Francisco for procurement and legal teams.
- Contract value often decreases because of limited visibility and unmet supplier commitments.
- These new features give procurement and legal teams a better way to handle supplier responsibilities.
- Michel Feaster said overlooking supplier obligations could cause a loss of $8 per $100 in value.
- Ironclad's platform now connects supplier contracts and commitments, building upon its existing ecosystem.
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Hanford Sentinel+14 Reposted by 14 other sources
Ironclad Launches New Capabilities to Help Enterprises Recapture Millions in Lost Contract Value
With an average of 8.6% of value "leaking" from every contract, a new approach—developed specifically for the procurement and legal partnership—ensures contractual obligations from suppliers, vendors and partners don't fall through the cracks
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