Audit Contract Strategy, Contract Structure, Negotiation, Vendor Selection & Transition

More than 50% Sourcing Contracts run into a crisis as soon as it takes off. Root cause lies in the lack of solid foundation needed for effective governance. Sourcing often brings challenges in the form of hidden costs of sourcing, longer-than-agreed transition period, unmitigated risks, poor service delivery, contractual misunderstanding and eventually stakeholder dissatisfaction. It is thus important to run a regular audit at the completion of each step to double check the basics to ensure value, alignment and contractual performance. Our CSAs will audit the following Contractual areas;

• Sourcing Strategy and Planning
• Market Research and Benchmarking
• Cost Model
• Contract Formulation
• RFP
• Service Provider Analysis
• Service Provider Selection
• Site Visit Audit
• Contract Negotiation
• Pricing Model