THE BRITISH COLUMBIA LOTTERY CORPORATION
Bolen says : “ We contracted with a Software as a Service ( SaaS ) company named iValua who brought in a suite of procurement-centric business modules . The first one of these that we deployed was the contract management tool .”
“ Prior to phase two , managers were expected to be “ contract specialists ” in addition to their primary roles . Consequently , the contracting effort managed at the business unit level did not meet the rigorous standards of a public entity .
We brought focused expertise in contract management , and filled a gap where there was limited access to specialized resources .”
“ The other significant undertaking as a result of being able to manage information in a central manner , was the triggering of an initiative we call strategic contract renegotiation . We took the information that we gained through the centralised reporting database and identified the top-spend vendors and contracts which were long-term .”
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