Sep 14, 2017
As procurement seeks to generate additional savings across the organization, contract compliance audits are becoming a critical tool. Engaging an independent auditor to examine third-party agreements and validate contract performance against goals and service levels can help your organization generate substantial financial savings (along with these contract compliance audit benefits).
Deciding to take advantage of all of the benefits that contract compliance audits offer is only the first step. You’ll need to find a responsive, reputable partner to perform the audit. And, as many organizations are learning – the care and due diligence taken to select an audit partner is just as important as that used to select your third-party suppliers. Firms providing contract compliance audit services vary widely, and so does the ROI of partnering with them.
When exploring your options for a contract compliance audit partner, identify an auditor with these five key traits:
Recover more than your financial losses as a member of our Contract Compliance Audit Services Program. Protect your procurement team’s time by taking advantage of our pre-negotiated agreement. Contact us to learn more about our risk-free program and how you can get started.
Sonda Sahley: Category Management, Corporate Services at Corporate United
Sonda is responsible for Corporate Services Category Management at Corporate United. In this role, she serves as a category manager for office supplies, contract audit and translation services agreements. She works cross-functionally with stakeholders and suppliers to provide ongoing program support and she serves as a key advocate for Corporate United supplier relationships.