Wherever you are in the business lifecycle – and whether you operate in the public or private sector – commercial assurance and business transformation are both crucial elements to your organisation.
Wherever you are in the business lifecycle – and whether you operate in the public or private sector – commercial assurance and business transformation are both crucial elements to the success of your organisation.
To adapt and thrive in a changing business environment, it is important to develop a solid commercial framework with appropriate controls in place to achieve greater value from contracts with customers, suppliers and other third parties. This is particularly important if you operate longer-term contracts that are marked by substantial risks and complexity but that also offer potential benefits.
As your business and these contracts mature, continuous assessment of your contractual risks and opportunities is needed to identify savings, avoid value leakage and optimise business performance by transforming your business at various stages of its lifecycle.
Contracts go through different stages, these include: identification of opportunities, contract award, signature and mobilisation, operations and contract closure. The importance of transition from one stage to another should not be underestimated and needs to be carefully managed. Having a comprehensive understanding of each contract stage is essential for effective delivery of contractual obligations, reduction of potential penalties and disputes.
Having a robust contract protecting the interests of all parties is important. However, it is also critical to manage your contracts effectively, as poor contract management may lead to a significant erosion of contract value, higher costs, service failure, reputational damage, poor relationships with customers and suppliers, disputes and, eventually, loss of business value.
Our holistic approach allows businesses to develop a robust commercial framework to make contract management clearer and simpler at all stages. We help to reduce negotiation times, improve relationships with stakeholders and achieve substantial operational and commercial benefits through business transformation activities.
How we can help
We draw together our expertise in contract management, project management, business transformation and change management to support you in:
Get in touch
If you would like to understand how our teams can support your business, please do not hesitate to get in touch.