We assisted a prominent regional company in enhancing their contract management process, resulting in significant time savings
Consumer Goods
The Results
The Challenge
In the fast-paced realm of biotechnology, strategic decision-making is imperative for success. Our client, a prominent biotechnology company, is dedicated to pioneering scientific advancements to deliver life-saving medicines to those in need.
However, amidst their commitment to innovation, they faced a significant operational challenge: effectively managing contracts across diverse categories.
Recognizing the need for data-driven insights to streamline contract processing, our client sought to implement a robust Business Intelligence (BI) Dashboard. This dashboard would offer a comprehensive overview of contract categories and processing times, enabling informed decisions to optimize efficiency and drive operational excellence.
The Solution
1 Contract Management Dashboard
- Summary of Contract by Status.
- Distribution of contract across owner organization.
- Contract distribution & USD value across business category.
- Dynamic charts whose X axis changes based on selection.
2 Average Processing Time
We developed a Business Intelligence (BI) Dashboard that offers a comprehensive overview of contract categories and processing times, enabling informed decisions to optimize efficiency and drive operational excellence, including matrix on:
- Target metric for the dashboard.
- Track average processing time across Contract Owner Organization and Workflow Stage.
3 Trend
- Contract Value Growth over time.
- Contract Value Growth over time and contract category.
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