All PostsArticlesBlogDigitalisation & TechnologyFinanceOperations, Shipping & Supply Chain

Chinsay Whitepaper: Find the money (and data) hiding in your contracts

todayMarch 29, 2022

Background

Contracting processes have been a major pain point in the commodity and freight markets for a long time, and, according to a recent survey 36% of respondents identify non-standard, unfavourable, or risky clauses scattered across many contracts as the risk most likely to cause financial loss, while 28% said that missed deadlines, obligations or opportunities that are negotiated into the contract pose such risks. The survey is part of Chinsay’s latest whitepaper “Find the money (and data) hiding in your contracts” which follows its webinar in collaboration with Commodities People.

The whitepaper delves into the most common contracting pitfalls in the markets that erode a company’s profits and shares insights from C-level panellists from top commodity companies such as Cargill and OMV. The paper offers an overview for commodity and freight markets participants on why digitalisation is important and how optimising and standardising contracting processes results in enormous benefits to the whole organisation.

Written by: Commodities People


Previous post


Get Commodity Trading Premium Content to Your Inbox!
Enter your details and topics of interest and we’ll send you fresh commodity news and insights weekly!
Get Weekly Commodity Trading Premium Content to Your Inbox!
Enter your details and topics of interest and we’ll send you fresh commodity news and insights weekly!
You are Subscribed!
Thank you for your subscription. Commodity news & insights will be coming your way soon!
You are Subscribed!
Thank you for your subscription. Energy News will be coming your way soon!
Yes, Hide this Popup.
This website uses cookies to ensure that you get the best experience.
This website uses cookies to ensure that you get the best experience.