Contract Management doesn't stop after the parties have executed the agreement. On-going management of the performance against the contract terms ensures your business gets out all of the negotiated value that went into the agreement.
Typical business challenges to be addressed include:
- Getting the most out of supplier contracts - extracting benefits that extend beyond price
- Contract terms that adequately protect the company from legal and financial risk
- Upholding supplier performance expectations that were set at contract inception
- Proper controls around contract authorization and document retention
The Creovia Group can assist through our expertise in:
- Contract development support
- Contract and billing audit
- Supplier SLA development
- Technology tools to govern and control the contracting process