The Contract Management now plays a central role in a company's overall performance. Contracts are at the heart of business life: they govern, structure and influence company operations, and must contribute to the creation of sustainable competitive advantages.
However, the contractual risks are often among the least controlled business risks, particularly in view of their changing nature throughout the life of the contract.
Contract Management business challenge
- More open industrial logics, based on partnership and coopetition
- Changing competitive practices, with more aggressive marketing
- Ongoing efforts to control execution risks
Contract Management regulatory environment
- Emergence of risk management as a key component of corporate governance
- Regulations making it imperative to control execution risks
Raising the awareness of General Management
The Contract Management can become a lever for value creation through the management of project execution phases, despite the necessary changes in practices and cultural changes to be implemented.
Setting up processes
- Audit of contractual risk exposure
- Definition and implementation of contract management processes and associated organization
- Development of internal reference systems
Operational support
- Defining a contractual strategy
- Assistance with contract management (by a Contract Manager dedicated)
- Preparation or management of complex claims (deadline extensions, late penalties, etc.) or counter-claims
- Qualifying contractual deviations and quantifying damages
Our expertise in Contract Management
- Recognized expertise in Contract/Claim management: articles, conferences, benchmarks, etc.
- References from both Contract management operational missions and the definition of strategies and organizations
Consulting in Contract Management
Discover the expertise of iQo, a strategy and transformation consulting firm, to help you address your challenges in Contract Management, Claim Management, and Risk Management.
Other publications on the Contract Management
Contract Management and Generative AI
iQo presents this white paper produced by our experts in the " Contract Management"—a relatively new field that is gradually establishing itself as a performance driver for businesses. The emergence of generative AI
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
CLM: How to Implement a Contract Lifecycle Management Tool?
Contract Lifecycle Management solutions are designed to automate contract lifecycle management. From the drafting phase through to the closing phase
