Today’s world has never been more competitive. As companies try to gain competitive advantage they negotiate agreements that sometimes become complex.
These agreements can include incentives to buy large quantities, incentives to ship product a certain way, incentives to buy at certain times of the year and incentives to buy a particular product from one supplier instead of many. Companies can also negotiate seasonal or promotional buys with their suppliers that can add another level of complexity. All of these factors lead to the possibility that some component of the vendor relationship could be missed.
Our contract compliance review will help you validate that you paid your supplier according to the terms and conditions you negotiated. As a by product of our review we will help identify weaknesses in your internal systems that may have caused the potential for overpayments.