Have confidence your contracts are in compliance with industry regulations and standards.
Your contract is the single most important control the outsourcing process. A well-written vendor contract is absolutely essential to helping protect your organization and your customers.
Our team of experienced contract administrators with paralegal training will assess your vendor contract top to bottom and produce a comprehensive report calling out provisions that both you and the regulators will care about.
Uncover Missing Contractual Terms
Our on-staff certified contract administrators review your vendor contracts to make sure all information that should be included is. If an important clause, such as related to cybersecurity or business continuity planning, is missing, they will let you know this should be discussed with the vendor. .
Satisfy your auditors instantly with the contract review summarization. The auditor no longer has to sift through contracts since our summarization will direct the reviewer to the exact page in which they can locate a particular clause. Depending on the length and nature of the contract, this is generally a deeply thorough 7-9 page report. Say hello to smooth audits!
Meet Industry Regulations and Best Practices
We understand you have a legal team who reviews the contracts, but often the review is very generalized. Our review is compliance and third party specific, ensuring your contract is being reviewed by a specialist with an understanding of third party risk and FFIEC/regulatory guidelines.
What It Includes
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Why It's Important
by failing to properly manage your vendor cybersecurity risk, you increase the likelihood of being breached and the regulatory, reputational and financial consequences that come with it.