Purchasing and Procurement

IBRSiQ is a database of Client inquiries and is designed to get you talking to our advisors about these topics in the context of your organisation in order to provide tailored advice for your needs.

Contract management can be more than just record keeping. When done well, it can enable organisations to explore the best ways to optimise their investments when conditions change.

This capability proved essential for the Australian government when COVID-19 hit, with investments in all manner of services and infrastructure being needed almost overnight.

IBRS interviews ZEN Enterprise, an Australian niche contract management solution vendor, and the contract manager from a large Australian agency to tease out the benefits and challenges of advanced contract management in an age of rapid change.

Conclusion:

Low-code is not a novel technology. Rather, it is an evolutionary technology that started as rapid application design (RAD) in the late ’80s, transitioned into business process modelling (BPM) in the 2000s, which then evolved into e-forms in 2010, before finally becoming low-code in 2020.

This evolution has been a meandering path and has spawned a broad ecosystem of solutions, each with unique traits and features that fit specific organisational structures. IBRS has listed key traits of modern low-code platforms to match your organisation’s ecosystem and help streamline the process of shortlisting a platform.

The most important trait of the new low-code platform will be how well it supports the transition from the existing ICT-centric governance model to a new model that must be defined by potential benefits and risks.