Contract Department Setup
The last decade has seen a rapid growth in the use of Contract Management. Organisations that would historically have never seen a need for this function are realising that this role does not only pay for itself and add significant value to any organisation, but it protects their business and provides opportunities for greater efficiencies, higher profits and considerably more certainty of outcome.
Contrary to popular belief there is no fixed template to dictate how a commercial / contracts department should function. The position of the Contract Management function varies from business to business and can be aligned with Finance, Legal or may be a standalone direct-report to the Board. Your contracts team may be 2 people or 200 people strong and your organisation needs an effective, workable solution to allow you to get the best out of what you have got.
We can assist you in drafting and implementing polices and procedures to cover all phases of the project lifecycle and advise you on your trading terms and conditions. Our expert team can set up systems to monitor contract compliance and the tracking of commitments. Standardised clause libraries and contractual correspondence templates can be created to save you time and add consistency to your approach.
Whether you need a Contract Management Department establishing from a blank-sheet of paper or a ‘health check' on how well you are currently performing, we can help you every step of the way.
