IBM named “Most Admired Global Company“ in contract management

by Editor 10/16/2008 4:00:00 PM
IT services company IBM has been named the most admired company in contract management in a new study released by the International Association for Contract & Commercial Management (IACCM).

IACCM asked almost 10,000 contractors, procurement and legal experts across the world to nominate the companies they admire the most for the quality of their performance in contract management. The industry professionals mentioned more than 400 organizations, and IBM was named the world's best performer in contract management, outranking companies such as Accenture and Hewlett Packard, which came in second and third respectively.

Rick Kaplan, vice president and assistant general counsel at IBM Global Business Services, said:

“As the largest provider of IT services in the world, IBM manages thousands of client and partner relationships in some 170 countries. Effectively managing contracts of all durations across complex jurisdictional, regulatory, corporate governance and risk management requirements is fundamental to the value we bring to our clients, partners and investors.”

IACCM is recognized as a global authority on the role of contract management in global networked economy. For more information on the study, please visit the IACCM website.

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