Contract Management
Helping you ensure your contract is the key defence against risk
The contract is at the heart of any procurement
Very often, the contract gets surprisingly little attention, especially when spend values are perceived to be to low. Low value however, does not mean low risk.
The contract is your key defence against risk. It's also your key to the door of opportunity. Design it carefully, manage it closely and make sure it's on the register.
Our Approach
A lot of business is done without a formal contract - and many organisations don't know how much business they're doing that way. We can help support you:
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Set up your contract register to give you clarity on when contracts start and end, values, and key term which will help identify key risk areas and support planning for future renewals
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Undertaken spend analysis to identify contract gaps
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Provide training especially to staff new to contract management roles
Outcomes
A successful contract management process ensures compliance at each stage of the contract, making sure deadlines are met, which will help you to manage any associated risks between you and your supplier.