ICT Contract Governance and Risk

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Challenge

Organisations adopt Cloud Solutions daily and agree to terms and conditions embedded in the process. Many solutions start with a free subscription, and staff subscribe without realising the impact.
 

Approach

We provide advice and guidance on the potential pitfalls which may arise across many forms of Cloud or online Subscription services by equipping organisations to:

Know the pitfalls with Cloud subscriptions

Identify the potential risk across your solution portfolio

Establish contract governance and risk model and process

Evaluate risk and exposure with a complete risk assessment and reporting

Equipping your team to be able to look out for the potential risks

Result

We successfully engaged customers to assist them with their contract governance and risk management policies and processes across their cloud contract portfolio. 

Achievement

• Contract Risk Exposure Identified and Addressed
• Contract Management and Process Improvement
• Governance Improvement
• Knowledge Improvement

We found that knowledge and visibility are lacking on the risk associated with online subscription services.