Contract Risk & Compliance
In today's business world, organizations rarely go it alone. They increasingly rely on outsourcing, licensing, alliances, and other business partnerships to meet their objectives. These complex relationships are governed by financial and legal agreements that are often poorly monitored. A lack of controls around these relationships creates risks, either reporting or operational in nature, and can lead to brand or reputation damage and the loss of significant revenue through uncollected royalties, misreported claims, and inadequate inventory controls.
A well-conceived Contract Risk & Compliance (CRC) program, however, can help organizations better identify and mitigate the risks, while enhancing the benefits of business arrangements. CRC is a service area focusing on risk management that can help organizations optimize relationships with other entities to improve business processes, maximize revenue, manage costs, address risks, strengthen relationships, and boost performance.
Featured insights
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WSJ - CIO journal: How to avoid software liability surprises Tony DeVincentis and Adam Cahn, outline how to avoid software liability with software asset management in the CIO Journal from The Wall Street Journal. |
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Take a quick look: Cloud adoption across the enterprise Vendor selection and asset protection - Contract negotiations and the cloud. Learn how both vendor selection and contract risk and compliance are key components of a successful transition to cloud services. |
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Life sciences and emerging markets: Know your risk Tune into the latest episode of Deloitte Insights to learn more about opportunities and risks for life sciences companies in emerging markets. |
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Software asset management (SAM): More software value, less risk Effective management, control and protection of software assets are essential to optimizing value and managing risks associated with software license compliance. |
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Optimizing value from your business relationships Extended business relationships are an integral part of the modern enterprise. In an increasingly risky and competitive business environment, effectively managing external business relationships becomes important to profitability, if not to the very survival of the organization. |
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The 2011 Global License and Channel Compliance Summit |
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Managing Vendor Relationships: Increasing Value with Greater Transparency Your organization works with vendors in various product or service categories, such as logistics, manufacturing, research and development, facilities management, construction and advertising among others. These relationships are often governed by complex and sometimes ambiguous contractual clauses which can result in vendors not complying with their obligations. |
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When Channel Incentives Backfire: Strategies to Help Reduce Gray Market Risks and Improve Profitability |
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