Contract Management
Contracts govern, structure and influence company operations.
Contracts govern, structure and influence the company's operations, and must contribute to the creation of sustainable competitive advantages.
Nevertheless, contractual risks are often among the least controlled business risks.
To meet this need, iQo supports you from raising the awareness of General Management, through the development of Contract Management practices, to operational support for projects.
Our expertise
at Contract Management
CONTRACT / CLAIM OPERATIONAL MANAGEMENT
- Contractualization strategy (choice of contractual arrangements, partnerships, JVs, etc.)
- Contract design and review (clauses, risks, governance, etc.)
- Contract management during the performance phase (performance monitoring, risk management, remediation, etc.)
- Setting up or processing claims files
- Contract audits
- Development of negotiation strategies and support for implementation
- Qualifying discrepancies and quantifying losses
- Assistance with conciliation, mediation or legal expertise
- Team preparation and coaching
EXPERTISE /
PRE-LITIGATION
ORGANIZATIONAL DEVELOPMENT
- Diagnosis of organizational maturity, benchmarks
- Development of business cases and transformation roadmaps
- Definition and implementation of CM processes,organization and tools
- Development of reference systems (best practices, knowledge management)
- Supporting industries and communities of practice
- Customized training (in-house)
- Monitoring and benchmarks
- Choice of solutions (CLM software packages or ad-hoc tools)
- Business cases and decision briefs
- IT deployment andintegration strategies
- Implementation project management (AMOA)
- Supporting change
CONTRACT LIFECYCLE
MANAGEMENT (CLM)
Our approach
- financial losses,
- operational consequences,
- regulatory non-compliance (compliance)
- non-compliance with SLAs,
- lack of follow-up,
- missed opportunities for renegotiation.
In detail
our expertise
Maturity audit
Risk exposure assessment
Assessment of the organization's maturity level
Benchmark of Contract Management
Strategy
Risk exposure assessment
Assessment of the organization's maturity level
Benchmark of Contract Management
Implementation
Defining the Contract Management policy: why improve? what level of ambition to aim for?
Developing business cases
Development of roadmaps and deployment strategies
Operational support
Monitoring contractual risks and obligations
Contract management: endorsements, change orders...
Contract Administration, drafting contractual correspondence...
Claim management
Defining contract strategy
Support during mediation and legal appraisal phases
Training and support
Training program (in-house)
Operational coaching for Contract Managers
CONTRACT MANAGEMENT AND GENERATIVE IA
Symbolized by the rise of ChatGPT since 2023, it is generating as much excitement as questioning in many fields... including Contract Management.
Our recent publications
How can Contract Management support the DORA regulation?
DORA (Digital Operations Resilience Act) is the regulation on digital operational resilience. DORA aims to reinforce the stability of the European financial system. Despite ongoing discussions on
Limits and obstacles to the adoption of Generative AI applied to Contract Management
Part two of our thematic dossier on the challenges of adopting Generative AI. Find the 1st article here: Generative AI use cases for Contract Management.
How do you set up a Contract Lifecycle Management (CLM) tool?
Contract Lifecycle Management solutions are designed to automate contract lifecycle management. From the drafting phase through to the closing phase
How can you better manage contractual risks?
Knowing how to manage contractual risks means knowing how to anticipate and avoid financial losses due to a buyer who fails to honor a contract, or to a company that does not manage its contracts properly.
How can iQo support you?
iQo is a new player in the consulting sector, whose mission is to "unleash collective genius to co-construct desirable futures".
- Our firm offers a unique approach to co-construction with our customers.
- We advocate the hybridization of skills and know-how
- We offer you small, agile teams that are sincerely committed to working alongside you, as an extension of your teams.
- We are "makers" and offer concrete, results-oriented solutions tailored to your specific
needs. - We're committed: iQo is an ISO 14001 and B Corp certified company with a mission.
