The average Fortune 2000 company may be a party to as many as 40,000 active contracts, each one with its own set of authorities, enforcement, and risks. Contracts are designed to protect your business interests, but they can also leave your organization vulnerable when not managed correctly. If you don’t know the status of your current agreements, you’re leaving your organization open to a whole host of potential penalties and liabilities, both financial and legal.
In An Introductory Guide to Contract Risk Assessment, you will learn how to deploy an effective contract risk assessment strategy so that you and your team can tap into new opportunities, boost revenue, accelerate stalled deals, and — most importantly — analyze, measure, and score your contract terms to identify risks.
Deploying a more effective contract risk assessment strategy can help you avoid some of the hidden liabilities and expenses (noncompliance, missed deadlines, auto-renewals) that may be lurking in his contracts and show how tools like contract management software can help automate this process.
Download An Introductory Guide to Contract Risk Assessment to Explore:
- Understand the Health of your Contracts
- Your Contract Risk
- Creating a Compliance Plan
- Safeguarding Your Contracts
Contract risks present a distinct challenge for your organization. Creating a meaningful and standardized contract risk assessment plan has a variety of advantages, but it needs to be planned deliberately and strategically. In addition, a truly effective and thorough risk management strategy will save your organization time and money.
With An Introductory Guide to Contract Risk Assessment, you’ll gain insight into how an effective contract risk assessment strategy can help your company can steer clear of potential risks before they become real problems. You’ll also learn why deploying a more effective contract risk assessment strategy will help your company avoid some of the hidden liabilities and expenses (noncompliance, missed deadlines, auto-renewals) that may be lurking in your contracts. See how using the right tools, like contract management software, will allow you and your team to identify risks, maintain compliance, and improve operational oversight
Ready to get started? Download your complimentary copy now.