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SC&H Group
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CONTRACT COMPLIANCE AUDIT
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Contact Us
ANALYZE AGREEMENTS TO INCREASE THIRD PARTY TRANSPARENCY, EFFICIENCY, AND SAVINGS
Global enterprises can optimize business performance with strategic partners by
replacing familiarity and blind trust with transparency, accountability and
earned trust. We help our clients reduce third-party risk and ensure that their
contracts, business processes, and internal controls are working in harmony to
achieve business objectives.
Our projects enhance governance, improve processes, and increase profitability.
The resulting transparency enables our clients to make more informed business
decisions leading to improved economic outcomes.
* Strengthen contract language, improve financial terms, and enhance internal
controls
* Establish more productive third party relationships
* Verify accuracy of data reported by suppliers
* Assess IT controls, data privacy, and exclusivity requirements
* Identify and recover overbillings
> “THE STAFF OF SC&H OPERATES IN A HIGHLY PROFESSIONAL MANNER…IN OUR DEALINGS
> WITH SC&H, WE HAVE FOUND THAT SC&H IS ONLY INTERESTED IN THE FACTS AND THE
> TRUTH. THERE ARE NO ULTERIOR MOTIVES – THE OUTCOME OF THE ENGAGEMENT IS
> ULTIMATELY BASED ON THE FACTS PROVIDED.”
>
> International Fortune 500 Retail Organization
OUR AREAS OF EXPERTISE
* THIRD PARTY RISK MANAGEMENT
* RECOVERY AUDIT AND ACCOUNTS PAYABLE AUDIT SERVICES
* FORENSIC DATA ANALYSIS AND DATA MINING
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IDENTIFY CONTRACT NON-COMPLIANCE TO IMPROVE EARNINGS
SC&H Group’s contract compliance audit services ensure that the invoices
submitted by your suppliers align with contractual arrangements. Any deviations
from the contract may impact your profitability and operational effectiveness.
Contract compliance audits also provide a unique opportunity to assess third
party data for insights and intelligence that can quickly add up to substantial
margin enhancements.
We perform contract audits for clients in numerous industries including retail,
technology, financial, professional services, pharmaceuticals, healthcare, oil &
gas, and manufacturing. Our professionals command a keen understanding of how to
locate important compliance issues that will affect your bottom line.
REVIEW OF NON-FINANCIAL CONTRACT TERMS AND CONDITIONS
Contract compliance audits of non-financial terms and conditions typically
result in process improvements, recommendations to improve contract language,
documented instances of non-compliance for remediation, and confirmation that
internal personnel are adhering to your company’s policies and procedures. In
addition, these audits often lead to healthier and more productive third party
relationships.
ENHANCE THIRD PARTY RELATIONSHIPS & PROMOTE TRANSPARENCY
Understanding the importance of third party relationships, our compliance
experts provide audits that are transparent, factual, and efficient.
Accurate audit conclusions require experts who understand the importance of
partnering with third parties. This also leads to improved business
relationships. Third parties appreciate the opportunity to provide feedback and
context for any non-compliance identified.
Find out why some of the largest companies in the world choose SC&H as their
contract compliance audit services provider.
Download the Cutsheet→
THE IMPORTANCE OF A MATURE CONTRACT COMPLIANCE PROGRAM
In today’s environment, the presence of an effective contract compliance audit
program is more critical than ever before. With an effective, mature contract
compliance audit program in place, global enterprises can optimize business
performance with strategic partners by replacing familiarity and blind trust
with transparency, accountability, and earned trust.
Download Now
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* A PROCUREMENT PROFESSIONAL'S GUIDE TO SUPPLIER AUDITS AND VENDOR AUDITS
Read More
* INDEPENDENT I-9 AUDITS: KEEPING ORGANIZATIONS ONE STEP AHEAD OF TROUBLE
Read More
* THE NEW ANA TEMPLATE SHOULD MAKE YOU ASK: HOW WELL DO I KNOW MY AGENCY?
Read More
LEARN ABOUT OUR CONTRACT COMPLIANCE AUDIT PRACTICE AND WHAT WE CAN DO FOR YOUR
BUSINESS
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