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Contract Lifecycle Management: a Practical Framework, Do you have effective processes and controls in place to manage your legacy contracts

  • Training

  • 60 Minutes
  • Compliance Online
  • ID: 5975356
This compliance training will provide you simple but powerful tools to effectively manage your legacy contracts. Learn the best practices to implement the processes and controls for contract management at your organization.

Why Should You Attend:

Contracts represent the financial, operational, legal and compliance obligations of the company; they are the foundation upon which a business is organized and managed. Despite their importance, the processes and controls associated with contracts are often the most inadequately managed and overlooked in companies today.

Many organizations have to comply with financial control requirements such as SOX, however, these requirements fail to provide adequate guidance on processes and operational controls. While guidance on certain concepts of contract management does exist, this presentation attempts to bring all of those concepts together into one cohesive and applicable framework.

This webinar highlights the elements of effective contract lifecycle management. We will take a comprehensive look at the various stages of contract lifecycle management from a “cradle to grave” or “end-to-end” perspective. Attendees will take away an applicable framework to assist them in implementing and assessing the processes and controls for contract management at their organizations.

Areas Covered in the Webinar:

The three stage of Contract Lifecycle Management

  • Execution
  • Management
  • Administration
  • The individual processes associated with each of the three stages.
  • The workflow pattern of the processes.
  • Recommended operational controls for each stage and process.
  • Suggested policies, procedures, forms and reports.
  • A process-control matrix for each of the three stages.
  • An implementation plan for attendees to immediately begin using the framework.

Who Will Benefit:

Officers, directors, managers and staff with roles and responsibilities related to the execution, management, or administration of contracts.
  • Officers (CEO, CFO, COO, CMO, CRO, General Counsel)
  • Accounting Directors, Managers, Staff
  • Audit Directors, Managers, Staff
  • Compliance Directors, Managers, Staff
  • Contract Managers, Analysts, Staff
  • Finance Directors, Managers, Staff
  • Legal Directors, Managers, Staff
  • Operations Directors, Managers, Staff
  • Risk Managers and Staff

Course Provider

  • Mark J Alexander
  • Mark J Alexander,