For the contract manager, compliance is the assessment of contracts to ensure they meet existing regulations and legislation. Another of the contract manager’s tasks is to review whether the organisation’s internal rules and procedures have been upheld. In case of issues arising, a contract manager must be able to demonstrate that appropriate action is taken. Should this not be possible, your organisation may be faced with financial or business continuity risks. Substantial fines, such as those imposed by the GDPR, are also among the potential consequences.
Watchdogs are calling for increased attention to compliance. AddVue heads that call. All information is available in a single location. Performance monitoring and risk management are fully integrated, and contract party relationships are displayed in a transparent manner. This enables a continuous dialogue about risk and performance, improvement actions and risk measure follow-ups. The principles of quality management (plan-do-check-act) are firmly anchored within AddVue.
Click on me to chat via Whatsapp or send an email to vincent.brouwer@addvue.com.
