Many procurement teams go into panic mode on a misplaced contract. From simply finding a signed contract to establishing a complex trail between MSAs and relevant SOWs, NDAs, and amendments across its lifecycle improves visibility. Connecting these further to active spends with suppliers, purchase orders, and invoices can significantly drive savings, improve cash flows, eliminate unintended risks, and transform contracts into a competitive advantage.  Host Matthias Toepert is joined by Ganga Siebertz, a supply chain and procurement transformations leader with over two decades of experience working for global companies such as Whirlpool Corporation and The Coca-Cola Company. They discuss contract traceability, the combination of process design and technology implementation, and why efficiently managing contracts is not an option, but the need of the hour.