Do You Have a Contract Compliance Strategy? [White Paper]
By: Bill Adams
Why Companies are Making Contract Compliance Part of their Corporate DNA
Third party relationships are paramount in today’s business environment. Companies rely tremendously on third parties to execute business objectives, and contracts serve as the foundation that defines the terms and conditions of these relationships.
Are you monitoring compliance? Do you have a dedicated contract compliance program in place to confirm that your contract terms and conditions are being met – and your relationships are operating as intended?
Even highly successful companies can overlook cues which often equate to liabilities and lost profits.
Are you aware that a contract compliance strategy can realize a 2-4 % recovery – with some as high as 20%?
Read more to uncover how you can – and why you should – execute contract auditing as part of your corporate DNA.