Contract Compliance Audit: Overview, Benefits & How AI is Helping
SirionLabs
SEPTEMBER 20, 2021
For example, companies usually schedule annual or quarterly compliance audits to examine: Agreement parameters: Clauses, contractual obligations, service level agreements, payment terms, project milestones, deliverables, etc. With the right audit clauses in place, supplier contracts can be regularly audited to evaluate vendor credibility.
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