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