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   * Third Party Risk Management
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   * Data Enrichment
   * Due Diligence / Risk Assessment & Periodic Refresh
   * Contract Compliance & Key Term Extraction
   * Renewal Management and Workload Planning
   * Custom Dashboards and Surveys
   * Vendor Tail Management Services
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EFFECTIVE POST-CONTRACT MANAGEMENT

February 22, 2023 Governance Productivity Strategy Emily Devereux


EFFECTIVE POST-CONTRACT MANAGEMENT

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EFFECTIVE POST-CONTRACT MANAGEMENT

A repeatable and scalable approach to Contract Management for the Modern
Enterprise focused on assuring business value Post-Contract.

Download now

 

We recently attended an event focused on Contract and Risk Management. It was a
great event; however, it reinforced for our team that whenever there is an event
or talk of contract management, it is typically synonymous with the Contract
Lifecycle Management (CLM) category. In doing so, majority of the attendees and
the agenda will attract a particular crowd.

Typically, in this situation, we see legal-centric attendees focused almost
exclusively on pre-contract processes, wanting to discover how to accelerate or
result in a more efficient and digitised contract creation process. This is
great for those focused on the legal elements of the process. However, in our
experience, the more significant challenges we have seen occur after the deal
has been signed!

Over the last decade, the Brooklyn team have been involved with dozens of
post-contract implementations, talking with hundreds of prospects and customers.
It has arisen that 90% of the significant risks within contract management will
either manifest or crystallise Post-Contract when in the delivery stage.

This Whitepaper deep dives into the seven elements of contract management to
obtain success during deal delivery. each element, defining what it entails, the
expectation and the best owner within the business to conduct each phase.

ABOUT THE AUTHOR

 

Nick Francis, Chief Technology and Marketing Officer at Brooklyn Solutions

Nick Francis is a well-established and experienced CxO delivering Digital &
Security-focused Transformation through the design, build, and deployment of
cost-effective, highly automated industry-leading solutions. Nick has experience
working across the private and public sectors in industries such as Financial
Services, Insurance, Legal, Utilities, Retail, Public Sector and Government.
Specialised in transformation activity to optimise processes, operational
expenditure, and increase productivity. Significant experience in compliance,
risk & control activities in highly regulated industries, standardisation of
technologies, streamlining of internal processes and continuous improvement
driving consistency and efficiency across an organisation whilst holding
Customer, Colleague and Partner experience at a premium.

 

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