oboloo

oboloo Glossary

Contract Compliance Process

oboloo Glossary

Contract Compliance Process

The Contract Compliance Process is the practice of managing agreements between two parties efficiently and effectively to ensure that specific terms and conditions are understood, respected and adhered to. This process involves a thorough review of contracts, documents and records for accuracy and adherence to company policies and regulations. It also involves verifying that both parties have complied with their obligations under the contract, such as making payments on time and providing goods or services as promised. By establishing clear guidelines, monitoring the process closely and resolving any disputes quickly, companies can ensure that all contractual agreements are fulfilled according to expectations.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971