• EBG | Webinar
  • EBG | Play
  • EBG | Summit
    • CPO Outlook 2022
    • Sourcing Outlook
    • Source 2 Pay Summit
  • EBG | Insight
  • EBG | Business Directory
  • About EBG | Network
    • Contact EBG | Network
    • Networking with EBG | Network
    • Privacy Policy

EBG | Network

Procurement and Finance Outlook Intelligence

EBG | Insight: What is your contract management status?

June 17, 2019 By ebgnetwork

Spread the word

Interview with Peter Tull, Director Group Supply Chain, Lantmännen

EBG | Network continuously ask “the market” questions to try to learn more about what are prioritized areas and what the challenges are. Managing contract life cycles is such an area. Consider the amount of time spent and the trust built with numerous suppliers and still it has been really challenging enabling contract usage and following up on contract compliance.

Interview with Lantmännen

EBG was able to interview Peter Tull, Director Group Supply Chain at Lantmännen and ask him about how they choose to develop procurement in general and contract management in particular.

The interview can be viewed below.

Peter Tull, Director Group Supply Chain at Lantmännen about contract management

Lantmännen are using Icertis to develop their contract management further. Icertis themselves highlight the below challenges faced by sourcing organizations as:

  • Fragmented sourcing and contracting processes
  • A low level of collaboration between internal and external stakeholders
  • A lack of compliance and visibility
  • Lengthy cycle times and increased costs
  • Poor contract creation from sourcing events and suboptimal post-contract execution
  • Weak supplier collaboration and communication

How are You managing the above challenges?

At Lantmännen the below three aspects has been important to consider when developing contract management further. EBG label them A single source of truth – Ease of use and End to end perspective.

A single source of truth

Increasing “business control” / compliance to contract policy both in terms of using Lantmännen templates and storing of contracts in one place  – creating a single source of truth

Ease of use

Having an easy and user-friendly system that is fast and enable a good workflow and e-signing

End-to-end perspective

Building a good foundation for working more with contract life cycle management and digitalization of Contract to Pay process (using cognitive tools to extract metadata from pdf files, using RPA to transfer contract information to ERP systems and checking invoices and compare with contractual terms and conditions)

About Lantmännen

Lantmännen is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Owned by 25,000 Swedish farmers, we have 10,000 employees, operations in over 20 countries and an annual turnover of approximately EUR 4.3 billion (SEK 45 billion). With grain at the heart of our operations, we refine arable land resources to make farming thrive.

https://lantmannen.com/en/about-lantmannen/

About Icertis

Icertis is the leading provider of contract lifecycle management in the cloud. Icertis Contract Management (ICM) is an innovative, easy-to-use platform that is highly configurable and continually adapts to complex business needs.

Today, ICM is used to manage 5.7 million contracts in 40+ languages across 90+ countries. With its intelligent workflow and built-in analytics, ICM provides ongoing contractual insights and best-of-breed contract management. ICM enables customers to increase compliance, improve governance, mitigate risk and enhance user productivity, thereby maximizing ROI and accelerating time to value across the global enterprise.

https://www.icertis.com/company/

Interested in learning more? Join Sourcing Outlook, October 10th in Stockholm where you can meet up with Icertis face to face!


Spread the word

EBG | Network was founded in 2010. A cross functional, end-to-end business network focusing on improved sales and forecasting, increased spend under management and financial supply chain control. EBG bring people together online and in person who can help each other grow and develop.

EBG is managed by Anna & Lars – partners in business and life. Contact us today with any type (business) related questions! Contact us using the LiveChat function below.

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Anna Bjarkerud

Anna Bjarkerud

anna@ebgnetwork.com +46 735819302

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Lars Bjarkerud

Lars Bjarkerud

lars@ebgnetwork.com +46733500343

Find what you are looking for

EBG | Webinar

EBG | Webinar: How Technology Can Help You Compete for Non-Employee Talent

How do you ensure you find the best talents available and manage engagement cycle times the best way possible? As the non-employee numbers increase – how do you source, engage and evaluate the talents you need? Welcome to join intense 45 minutes sharing how others are managing non-employee talent the best way possible. Date: September 8th, […]

EBG | Webinar: Totally Touchless – the Next Level Accounts Payable

The next generation of Accounts Payable (AP) is here. Now, technologies such as Artificial Intelligence (AI) and machine learning are enabling AP teams to access advanced and augmented analytics and touchless invoice processing. These tools give them the power to become a vital source of financial knowledge for their firms that can heavily impact corporate […]

Newsletter opt-in – don’t miss out!

Name

Title

Company

Email-(only corporate addresses will be communicated with)

Leave this field empty
I agree to the processing of my personal data

CPO Outlook 2022 | October 12th & 13th | Stockholm & Online

Learn more about EBG Networking

Networking with EBG | Network

EBG | Business Directory – learn more about the market

EBG | Network will be listing competences and solutions in the area EBG work. Source 2 Pay is a broad area including everything from sourcing tools to cash management solutions. EBG do not help choose – but have a lot of material to share!

Follow the link below to the EBG | Business Directory

Clock the below link to enter the directory

EBG | Business Directory

Recent articles

EBG | Webinar: How Technology Can Help You Compete for Non-Employee Talent

How do you ensure you find the best talents available and manage engagement cycle times the best way possible? As the non-employee numbers increase – how do you source, engage and evaluate the talents you need? Welcome to join intense 45 minutes sharing how others are managing non-employee talent the best way possible. Date: September 8th, […]

Ahlsell join CPO Outlook 2022

What role do suppliers play in your corporate strategy? In what ways have you digitized ways of communicating and collaborating with your suppliers? EBG | Network welcome Karolina Hagberg Chinell, CPO and member of the Group Management Team at Ahlsell joining CPO Outlook 2022. On October 12th you who join us in Stockholm can take […]

EBG | Webinar: Totally Touchless – the Next Level Accounts Payable

The next generation of Accounts Payable (AP) is here. Now, technologies such as Artificial Intelligence (AI) and machine learning are enabling AP teams to access advanced and augmented analytics and touchless invoice processing. These tools give them the power to become a vital source of financial knowledge for their firms that can heavily impact corporate […]

Workforce Logiq join CPO Outlook 2022

Workforce Logiq a PRO Unlimited company join CPO Outlook 2022. They will discuss the modern workforce from an end to end procurement perspective. On October 12th you who join us in Stockholm can sit down and draw from their and a peers group set of experiences. Developing contingent workforce strategies and processes. There are cost, […]

EBG | Play: How can Source2Pay software assist in managing supplier risk and risky payments

Risk management have had an exponential growth the past years for obvious reasons. As we enter new challenges in the market, risk awareness do too. But how well can you manage risk across sourcing, procurement and finance? How do you break down the huge task of end to end control into smaller pieces? During this […]

Join the EBG | Network

Copyright EBG | Network © 2010–2022 · Log in

This website uses cookies to improve your experience. You can opt-out if you wish Accept Reject Privacy Policy
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT