• Contract & Commercial Risk Services

Contract and Commercial Risk Services

Are your contracts costing you almost a tenth of your revenue? 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. Using third parties to deliver business critical services and programmes is a fundamental reality of doing business. However, most organisations struggle to realise the expected value from these relationships.

Getting the right contracts in place on both the buy and sell side will give you a competitive advantage. But, you will need a robust, commercially-focused governance framework to manage these throughout their lifecycle. We combine our deep understanding of commercial contracts and a data-driven approach to unlock value for you. Our insights and practical ideas to help you deliver against your strategic third party objectives and drive better commercial outcomes.

Our team provides a range of services throughout the contract lifecycle to help your organisation mitigate risk and enhance value 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