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Senior executives are utilizing contract compliance audits to improve transparency and efficiency.
With today’s rising competitive and cost-cutting pressures, many organizations are fully embracing the power of periodic contract compliance audits of third parties. However, according to a recent Aberdeen Group Research report, some companies are holding back. The reason: widespread misconceptions regarding audit requirements and results.
In this webinar, presented by Jeff Klima and Tyson Gischel, we explore why and when companies are executing contract compliance audits as well as seven key myths associated with this strategy. By overcoming these myths and implementing a contract compliance audit program, senior executives are mitigating third party risks and enhancing transparency, efficiency, communication, and savings – all of which ensure a powerful competitive advantage.