Under the agreement, Techno Benelux B.V. will provide its automotive customers with Contracked™, an integrated web-based contract management service.

The automotive industry is in its worst cycle in decades. The market is in transition and will ultimately turn around. Forward thinking dealers should develop strategies today for future pent up demand. Auto industry analytics indicate that as much as 60% of the dealers overhead are non-employee costs. The partnership will help the automotive dealers in cutting contractual costs, increase contractual revenue and managing contractual risks. It will help the automotive industry to strengthen the procurement strategy and quality.

TECAR and Contracked™ expect to help their existing customers and increase their international automotive customer base with this new partnership. Techno Benelux B.V. (member of TECAR) signed distribution rights for the Automotive Industry.

About Techno Benelux B.V.
With over 13.000 members in Europe and North America, TECAR represents the largest international organization of procurement centers for automotive accessories, shop equipment, chemicals/oil, tires/wheels and spare parts. Techno Benelux B.V. represents the Netherland, Belgium and Luxembourg and has a seat in the TECAR Advisory board and board of Directors.

About Contracked™
Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Contracked™ is the successful and proven global leader in On Demand Contract Management without deployment and implementation costs. Contracked™ makes important contractual information authorized accessible.

As long as companies are involved in large, time consuming implementations, projects without a realistic contractual visibility, costs will increase, the contractual visibility (read:transparanty) will be poor and the contracual complexity will increase dramatically. Oh…..there will be more global contracts as well………..The combination between skills (e.g. Villanova University) and our successful proven Contract Management solution Contracked is key in today’s business. Customers such as Conrad Electronics (1B$+ company), Nexia Group and the Chamber of Commerce are earning bottom line revenue in quick steps. OK, I know it’s called “savings”…..who cares? Contract management is a booming field for our Customers.

That’s all for today folks. Write to you soon!

Selecting a Contract Management System can enable a company to gain a greater level of visibility and control of its contracts, its inception, its lifecycle and post execution. These systems offer ample reporting so that management and contract managers can make decisions on the state of any contract or the performance of contracts in general. That’s why!!

It was an article submitted in Q1 2010 . It says it all. I suggest starting today. Our 60 seconds deployments is free. Contracked is offering a 30 days free trial.
Guess what: You wouldn’t be the first Contracked user creating allready bottom line revenue in the first 30 days.

Contracked™ expects to increase its international customer base by having local presence in Southern Europe. Mr. Pablo Lemus leads the daily Contracked™ operation for Southern Europe mainly focussing on Spain. Contracked™ Southern Europe will support its southern European customers from Barcelona (Spain).

Besides being in charge of the daily direct sales, with his broad network and Spanish market knowledge Mr. Pablo Lemus will build the Contracked™ indirect sales channel in the region. Re-sellers for Spain, France and Italy can apply by sending an e-mail to Mr. Lemus.

About Contracked:

Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Unlike some of Contracked™’s competitors, Contracked™ don’t “dumb things down.” Contracked™ takes extremely powerful tools that sophisticated contract managers use (like BI, authorization, and ROI tracking). Within 60 seconds Contracked™ makes them accessible to anyone. That’s why users, who range from small 1-person startups to Global Corporations use Contracked™.

At the moment I am in Barcelona. We recently opened our office in Norway to cover the Nordics and now we are close to open our Barcelona office. Being here brings back memories. When I was a bit younger, I bought the Freddy Mercury CD in Barcelona called “Barcelona”. Reading the one of the songtexts, Freddy gave us the lyriq “Barcelona! such a beautiful horizon, Like a jewel in the sun. Por ti seré gaviota de tu bella mar “. With this lyriq in my mind, we will start helping our Spanish customers and upcoming customers. Customers, like jewels in the sun.

…..On Thursday, the Netherlands have setup a benficial country wide event to collect money. Money to buy help for the people of Haïti. A couple of years go, we did a simular event and collected 110 million Euro’s. We hope we can contribute to the people of  Haïti, help them move on again, once and for all, without poor leadership! So: Donate today: GIRO 555 in the Netherlands! Let’s help them…….

Contracked™ expects to increase its intenational customer base by having local presence in the Nordics. Mr. Oscar Floor lead the daily Contracked™ operation for Scandinavia including Norway, Sweden, Finland and Denmark. Contracked™ Northern Europe will support its Nordics customers from Sandjford (Oslo, Norway).

Besides being in charge of the daily direct sales, with his broad network and Scandinavia market knowledge Mr. Oscar Floor will build the Contracked™ indirect sales channel in the region. Re-sellers for Scandinavia can apply by sending an e-mail to Mr. Floor.

About Contracked™:

Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Unlike some of Contracked™’s competitors, Contracked™ don’t “dumb things down.” Contracked™ takes extremely powerful tools that sophisticated contract managers use (like BI, authorization, and ROI tracking). Within 60 seconds Contracked™ makes them accessible to anyone. That’s why users, who range from small 1-person startups to Global Corporations use Contracked™.

The study predicts that revenues managed by a contract will increase by an average of 21 percent over the next two years. Respondents to the Aberdeen Group’s survey indicated that they “lose 9 percent of their revenue due to regulatory penalties, missed deadlines, lost sales, ‘maverick’ pricing, and transactional errors,” a substantial loss that can be attributed primarily to missing or misplaced contracts. To help companies improve customer relationships, the study recommends:

1. Migrating contracts to contract management software, using standardized terms and language.
2. Streamlining the entire quote-to-cash process by integrating contract management software with financial and transactional systems to reduce errors and delays.
3. Using contract management software to track contractual obligations and commitments to customers and make contract data available to relevant stakeholders.

My Comments:

A company can implement and deploy a contract management solution without change management and achieve benefits starting from day one. Losing nine percent sounds like big bugs to me. Big, big bugs.  This study is great marketing stuff for companies in our space and the outcome should be an eye opener for all CFO’s, CEO’s and CPO’s.

An early 2009 Contracked R&D study learned that companies all across the globe suffer from “lack in contractual visibility”.  Wake Up! Stop losing profit! And stop being a siting duck! Act as a professional. The answer is even more simple than start working with a spreadsheet or a calendar. Starting day one, we will Contracked help to deal with this important money saving subject.  Whitin 60 seconds up and running. ‘We know….we meet a lot of companies suffering . Today, they don’t lose money because they control their business because they controle their contracts, all of them! And Guess what….they even use less tme to manage them!

In the Autumn of 2009 Contracked™ opened a sales office in Asia Pac. Mr. Malcolm Parker Brady runs the daily operation for South East Asia including Singapore, Malaysia, Indonesia and Bangladesh. Contracked™ Asia Pac will support its Asian customers from Malaysia (Kuala Lumpur).

In 2009 Contracked™ added a record number of new customers to their installed based including global operating companies such as Conrad (eCommerce – www.conrad.com), Dipasa (FMCG – www.dipasa.com) and CSI (manufacturing – www.csiweb.us)

In December 2009 Contracked™ launched its new version (2.85) containing valuable new functionality. The new functionality is mainly focused on the Contracked™ configuration. It supports an easy 60 seconds deployment.

The SaaS (Software as a Service) is an expensive start-up model. Contracked™ charges the industry lowest subscription fees which made it challenging to become profitable . Contracked™ was founded in 2006 and in 2009 Contracked™ showed a three year in a row profitability. In 2009 Contracked™ doubled its 100% subscription fees based revenue.

About Contracked:

Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Unlike some of Contracked™’s competitors, Contracked™ don’t “dumb things down.” Contracked™ takes extremely powerful tools that sophisticated contract managers use (like BI, authorization, and ROI tracking). Within 60 seconds Contracked™ makes them accessible to anyone. That’s why users, who range from small 1-person startups to Global Corporations use Contracked™.

Contracked™ opened a sales office in Kuala Lumpur, Malaysia. Contracked™ expects to increase its intenational customer base by having local presence in the Asia Pac region. Mr. Malcolm Parker Brady will take care of the daily operation for South East Asia including Singapore, Malaysia, Indonesia and Bangladesh. Contracked™ Asia Pac will support its Asian customers from Malaysia (Kuala Lumpur).

Besides being in charge of the daily direct sales, with his broad network and Asian market knowledge Mr. Malcom Parker Brady will build the Contracked™ indirect sales channel in the South East Asian region. Re-sellers can apply by sending an e-mail to Mr. Parker Brady.

About Contracked:

Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Unlike some of Contracked™’s competitors, Contracked™ don’t “dumb things down.” Contracked™ takes extremely powerful tools that sophisticated contract managers use (like BI, authorization, and ROI tracking). Within 60 seconds Contracked™ makes them accessible to anyone. That’s why users, who range from small 1-person startups to Global Corporations use Contracked™.