CIPS

How much value is hidden in your contracts?

The past year has propelled procurement and supply chain to the forefront of business priorities. Organisations are increasingly looking to procurement to generate value, as well as increase efficiency and resilience. Times are hard for many organisations and procurement, as the cost control centre, is being asked to deliver.

But how can procurement teams know if suppliers are delivering on the terms agreed in contracts? How do you determine if your supplier’s activities line up with what was agreed with the procurement team potentially years in the past?

One way to know for sure is through a comprehensive Commercial Compliance Audit, which will help procurement organisations understand the value they’re achieving from key contracts – or not as the case may be – and help them institute better working practices. Read this CIPS Download report, produced in partnership with PRGX, to find out more.

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Please select an option

First Name

Last Name

Work Email

Create Password

Phone (incl international code)

Job Title

Company

Please select an option

CIPS Membership Number

Privacy Notice

We sometimes partner with other organisations to create industry-leading content pieces that are free to access. Details of other organisations we work with can be found within our Privacy Statement.

Please tick here if you DON’T want to receive relevant products, promotions and other services from CIPS via the following channels:

by email Required

by phone Required

By selecting "SIGN UP" you confirm that you agree to our Terms and Conditions statement.

How much value is hidden in your contracts?

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