Contract Management Services

Manage your end to end contract lifecycle and compliance risks –

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.

How PwC can help you

Contract governance and process standardisation

We can help you create an overall contract governance framework in your organisation. This involves:

  • Defining governance, including delegation of authority, policies and procedures around contract management.
  • Standardizing contract templates/ service levels applicable for your organisation, after benchmarking with global standards.

Technology enablement and automation 

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. 

Contract Life Cycle Management and Administration

We can support you in the entire contract management process which includes:

  • Pre-contract services like contract review, template review and update, negotiation and approval services, and
  • Post contract services like management of various contractual obligations (tracking of SLAs, commercial terms, expiries, addendums etc.)

Contract Analytics

We leverage our analytics and technology lab to offer you contract analytics and data review services. This involves:

  • Identification and extraction of key contract information from contract present in different formats and stored at different locations for reporting and analytics.
  • Evaluation of contracts of a target Company to identify inherent risks in clauses during any deal or restructuring activity or for identifying any specific risk based on management’s request.
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