Contract compliance is an important area of business performance which affects efficiency and determines how much risk exposure an organization has.
Seekory oversees compliance based on conformance with a set of mandates that have been set not only internally and privately by the parties to a contract, but also externally and publicly by governments, standards bodies, industry associations and other organizations with oversight authority. We train organizations to have a wide awareness and understanding of contract obligations and implement guidelines to keep management teams and staff committed to the achievement of high compliance.
Before then, we investigate non-compliance and implement remediation to deal with any incidents.
Seekory also monitors the definitions of compliance and advises on necessary adjustments to be made for changing business or market conditions.
Strategically, this ensures the integrity of the contract management process and monitoring compliance and aligns available contract terms with corporate policies and approved practices. At a transactional level, we review proposed variations from standard process, policy or terms, and monitor and report contract and obligation performance.