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Contract ComplianceA contract compliance review will help ensure you get the benefit of the bargain.You spent significant time and resources negotiating the best deal you could with your vendors. But are you actually paying or receiving according to agreed-upon terms and conditions? The answer is often, “no.” Contract ambiguity, misunderstanding, error or deception may mean you’re paying much more than you should be. Whether you’re paying in excess of agreement terms or your licensees aren’t accurately reporting, you may be leaving substantial amounts of money on the table. Today’s contract terms and costs are frequently highly complex and difficult to interpret, monitor or verify, based on the information included in billings and reporting. There are numerous areas for potential recovery, especially if your organization has complex contracts or royalty agreements, staff without specific contract expertise or processes large numbers of invoices. We help you identify overpayments you make and underpayment by your licensees, helping ensure you receive the benefit of your bargains. Often, the cost of our services is more than covered by our findings. Isn’t it time to call McGladrey? Services include:
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800.274.3978
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