• Contract & Commercial Risk Services

Contract and Commercial Risk Services

The International Association for Contract & Commercial Management (IACCM) has found that contract and commercial management weaknesses cost companies the equivalent of 9% of annual revenue. Reliance on third parties to deliver business critical services and programmes is a fundamental reality of today’s business world, but clearly most organisations struggle to realise the value expected from these relationships.

You will gain a competitive advantage if you can get the right contracts in place on both the buy and sell side. You will also need a robust, commercially-focused governance framework to manage these throughout their lifecycle.

We employ an evidence and data-driven approach, coupled with a deep understanding of commercial contracts to unlock value and insight to help you deliver against your strategic third party objectives and drive better commercial outcomes. Our team provides a range of services across the contracting lifecycle to help your organisation mitigate risk and enhance the value achieved through their programmes and relationships involving contracts, including:

Pre-award – Business case and procurement

  • Business case assessments
  • Procurement reviews
  • Commercial terms analysis
  • Contract and commercial management framework design and implementation

Post-award – In-flight contract and commercial management

  • Cost reduction and recovery programmes
  • Cost verification
  • Contract management effectiveness
  • Embedded contract audit programmes – expenditure and revenue side
  • Supplier risk profiling and contingency

Post-award – Contract renegotiation and exit

  • Negotiation strategy development
  • Contract exit and transition programme management
  • Final account settlement
  • M&A: contract risk management and optimisation
  • Lessons learned and commercial improvement advice

Contract Lifecycle Management

  • CLM system implementation support
  • Commercial transformation
  • CLM effectiveness