Contracts are a fundamental part of all industries, with organisations outsourcing parts of their value chain, building alliances, establishing critical supplier relationships and licencing intellectual property to generate value.
In this environment, organisations are challenged to understand how they can ensure the negotiated value from contractual relationships is realised.
Our team of contract risk and compliance (CRC) specialists help our clients deliver improved business performance with demonstrable results in their contract arrangements.
We can help manage the risks embedded within supplier contracts, address oversight, transparency of operations and billings and compliance to contractual terms through:
We drive validation of the arrangement health, cost, revenue and profit sharing with business partners in arrangements where two parties are going to market together for a common goal, such as joint ventures (JV), alliances or sales channel agreements.
To improve transparency and effective operations we assess service provider’s performance against contractual obligations and controls to address financial, operational and compliance risks in the agreement.
We help our clients manage the risks posed by extended business relationships through evaluation of contract processes and tools.
When the factual position of a contract is called into question, we use investigation and performance metric techniques, combined with our accounting and compliance expertise to resolve the dispute.
Many Energy and Resource organisations have contracts associated with Joint Ventures; they outsource labour, maintenance, raw materials, and construction, all of which lack transparent reporting and billing procedures.
To appropriately address these issues and others that can impact the contract value chain, Risk Services utilises our deep risk advice developed through a focus on Energy and Resources risk issues.
Technology is changing our world and as such a significant amount of the services associated with it are outsourced in full or in part to others. These contracts can be complex along with the billing criterion that drives cost.
To appropriately address these issues and others that can impact the contract value chain, Risk Services utilises our deep risk advice developed through a focus on industry.