Contract Compliance Audit
Contract Compliance audits verify supplier compliance to signed agreements and are an invaluable tool for enhancing transparency, efficiency, and accountability. Audits can help you identify and recover lost profits, verify data reported by third parties, and assess the effectiveness of related internal and external controls and processes.
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High quality independent audit execution helps establish more productive relationships by strengthening and clarifying contract language and improving communication between the parties
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Our audit methodology includes developing a collaborative project plan and audit governance procedures for your organisation that can address any specific concerns and ensure the completeness and accuracy of your third-party reporting and invoicing. Through the execution of the right to audit clause in the underlying contract, our monetary findings can deliver significant return on investment in addition to actionable insights that enhance procurement performance