Companies generally experience administrative and regulatory hurdles in tracking and complying with contracts. With contractual commitments translating into millions of dollars relying on manual methods for contract management is no longer viable as they expose any entity to legal and financial risks.
To meet emerging requirements, companies need to establish an effective automated contract management framework based on the principles of transparency, clear governance, absolute accountability and continuous improvement. PwC’s contract management practice brings together unique skill set of technology, contract review, risk assessment and industry knowledge to help you mitigate the contract management risks to realise maximum operational benefits.
We can help you create an overall contract governance framework in your organisation. This involves:
Our contract automation practice can help you automate your end to end contract management process (including contract compliance management).
Our in-depth knowledge of sector, complexities, challenges and leading practices provides us the unique ability to service complex contract lifecycle management tool implementations and migration of legacy data.
We can support you in the entire contract management process which includes:
We leverage our analytics and technology lab to offer you contract analytics and data review services. This involves: