Commercial Audits

Understanding commercial risks and turning them into opportunities can play a crucial role in gaining a competitive advantage.

Even with appropriate policies and training, it is important to identify any weaknesses, whether in systems or personnel. Mistakes are usually only identified after a problem has occurred.

We carry out audits to assess how companies award or tender for contracts with a view to identifying any weaknesses and remedial action to rectify the same.

Audits can be relatively informal and unobtrusive and result in written recommendations for correcting any weaknesses.

Examples: Commercial Audits

  • Are contracts placed on correct terms
  • Are contract terms as per internal authorisations?
  • Review contract award procedures and contract terms (whether buyers or sellers)