Avoiding contractual surprises
The challenge
You see that one of your suppliers has billed you for another year of service when you thought it was just a one-year contract, and you don’t really need the service for another year. Checking the contract, you see that it is a rolling one with automatic renewal unless you give notice three months before the renewal date. The supplier won’t refund you.
The solution
A contract audit to check key clauses in your contracts with suppliers and avoid missing notice periods or unwanted automatic renewals.
Value
Money saved by not agreeing to unfavourable terms in contracts.