Knowable is delighted to have received an award for Outstanding Cooperation and Collaboration with PayPal in the 2023 World Commerce and Contracting (WorldCC) Innovation and Excellence Awards.
Now in their 10th year, these prestigious awards showcase the very best from the international contracting and commercial management #CCM community, with recognition given both globally and regionally. Entries this year were of a very high calibre, so our joint success in this category for the Americas region is a huge achievement.
Sally Guyer, CEO of WorldCC says, “By entering WorldCC’s Innovation and Excellence Awards, teams and individuals show the tangible benefit they provide, and the impact they make on delivering strategic value to both customers and company.” Guyer continues, ‘Knowable and PayPal’s entry showed us they are adding real strategic value, and the judges were very impressed with what they have achieved.”
The Awards Ceremony held at The Westin Irving Convention Center at Las Colinas on Monday, October 26, saw talent from across commercial and contracting roles come together and celebrate. It also marked the end of the first day or WorldCC’s highly anticipated 2023 Americas Summit.
Award Entry Summary
Supplier’s organization name: Knowable – The Executed Agreements Company™
Customer’s organization name: PayPal
PayPal Legal Operation’s team had a vision to change the conversation around contracts. They knew the value of harnessing the wealth of data in our contracts but needed a partner to help extract that. They started with a cumbersome process with limited data accuracy where even the simplest question about a contract was hard to answer, and now have a process that truly gets the Legal team and key stakeholders excited about contract data and can answer even the most complex question quickly. Partnering with Knowable, PayPal built a comprehensive Contract System of Record that delivered ecstatic business and legal users, major improvements in operational efficiency, profit, and risk management, and millions in ROI.
A full list of winners and the summaries of these extraordinary submissions can be found at https://www.worldcc.com/awards