Case study: Kodak and centralized contracts

Contract management is an issue easily overlooked. Who really cares if old contracts sit on the network? Well, your auditors will, at some point, take a look; we presume they are doing their job. At Eastman Kodak, the auditors told executives that old contracts threatened to undermine its Sarbanes-Oxley efforts. They ended up overhauling the process. Along the way, they realized the advantages of automation beyond compliance. They ended up with a centralized system with lots of meta-data, an audit trail, and a consistent approach to creating and managing all contracts.   

For more,
- here's the Purchasing.com article