Contract Compliance is a form of contract management to ensure contracts are complying with internal and external mandates, from parties involved and also government or authorities.
Why Is It Important?
Managing contracts effectively is a critical part of the Business Relationships.
Proper management of contracts prevent not only damaged relationships, but also Loss of Profit and Injured Professional Reputations.
A non-compliant contract poses risks to all parties – exposing us to Legal Actions.
Contracts must comply with the laws with clauses to contain all requirements to ensure compliance.
Must ensure appropriate clauses related to data privacy, arbitration, confidentiality, or other regulations that affect the business.
2. OPERATIONAL COMPLIANCE
Must ensure contracts clearly define performance obligations that the system can track and manage.
3. INEFFICIENT APPROVAL WORKFLOW
Any approval workflow issues can delay and even destroy deals.
4. INEFFECTIVE REPORTING
Executives need company-specific, KPI-driven reports that give them advance notice of potential problems before they become disasters.
5. LAX ACCESS CONTROLS
Excessive access can lead to unscrupulous employees mishandling information or walking away with valuable IP, pricing information, or confidential customer and employee data.
Ensuring Contract Compliance is Key.
If there are any inherent weaknesses in an organisation’s contract management process, more contracts mean MORE chances for those weaknesses to cause an ISSUE.
Some issues are minor inconveniences, but others end up becoming serious CRISES.
Want to know the BEST PRACTICES?
Our course covers the Processes & Practical Procedures of Contract Management INCLUDING:
Contract Compliance and Administration throughout the Life Cycle of the Contract
LEARN the Fundamentals of Contract Management. NON-COMPLIANT Contracts Pose RISKS to All Parties – exposing us to Legal Actions.
Risk Assessment & Risk Management is a CRITICAL part in Successful Contract Management. Contracts MUST Comply with the Laws; Clauses MUST Contain ALL Requirements to Ensure Compliance.
More than 1000 contract managers have attended our training.
We invite YOU to our Virtual GO-LIVE Power Packed Series.
14 HOURS Series consists of 7 hour per series which utilise virtual collaboration tools that will ENGAGE EACH AND EVERY PARTICIPANT.
• CONNECT participants via the Virtual platform to “live” trainers, subject matter experts, and peers
• ENABLE multiple learning styles for an optimised training experience
• INCREASE training reach and effectiveness with two-way interaction and rich delivery content
• DRIVE consistency by communicating the same content to multiple viewers in disparate locations
- LEARN The “What If ... Mentality” For Effective Contract Management Compliance
- RECOGNISE Contractual Issues On Variations, Delays And Delivery Defects and Advance Procedures To Deal With Them
- EVALUATE Risk Assessment & Risk Management
- ASSESS, MEASURE, And IMPROVE Performance & Creating Metrics
- SECURE Project Management And Contract Administration To Stress On Contract Compliance Throughout The Delivery Process
- DISCOVER Harvard Negotiation Strategies For Dispute Avoidance And Resolution
- IDENTIFY Non-Compliance Or Potential Pitfalls
- CONDUCT Audits Throughout Contract Life-Cycle
- ENHANCE Contract Administration & Compliance With Software Technology For Effective Document Control, Reporting And Communication Systems
- LEARN Properly The Contract Closure Process
Hundreds of hours of research, study, planning and fine tuning go into the production of each of our GO-LIVE POWER PACKED SERIES. Our course developers have looked at your industry’s needs. This course reflects the latest findings and best practices in your field today and addresses issues up-to-the-minute. You will get tools, tips, strategies that are proven and tested against real world situations as you learn from case studies and the experience of our expert trainers. Our Virtual Series are comprehensive, in-depth, and packed with need-to-know information you can use as soon as you return to your workplace.
WORKSHOP UNIQUE?
During the programme, we continuously Collect Feedback from participants to Fine-Tune the Design and Delivery of training.
ACTIVE
The core of the workshop is a series of Relevant, Authentic, and Engaging 2-Way Communication and Quizzes at the end of each session
ACCELERATED
Our Trainer keeps the participants totally Absorbed with a unique blend of Expert Presentations, Reflective Discussions, and Creative Activities.
FUNCTIONAL
Our Trainer Walks the Talk. She uses the techniques that she teaches. Just by watching her in action, the participants will pick up several effective techniques.
AUTHORITATIVE
Our Trainer knows what she is talking about. Her workshops are based on Sound Theory, Evidence-Based Principles, and Solid Experience.
PRACTICAL
Our Trainer has spent decades in organisational firing lines. She empowers the participants with Realistic Tools and Techniques for Immediate Use in today's workplace.
ENGAGING
Our Trainer’s Contagious Enthusiasm, Inclusive Humor, and Flexibility make the participants enjoy every moment of the workshop.
ASSOCIATE PROFESSOR
CATHERINE TAY
Catherine Tay Swee Kian has conducted tenancy and property management courses, contract law - understanding the concept of a contract, essentials of preparing & negotiating contract terms, strategic legal writing for managers, SLA in outsourcing contracts, tendering and bidding process management - practical & legal aspects in procurement, business law, and contract administration & management courses. She has also written 2 books on Property Laws.
A/Prof Catherine Tay is an Advocate and Solicitor of the Supreme Court of Singapore. A/Prof Tay is also a barrister-at-law (of Lincoln’s Inn, United Kingdom).
A/Prof Catherine Tay studied law at Queen Mary College, University of London and graduated with a Bachelor of Laws with Honours in 1977 and with a Master of Laws in 1979, in which she specialised in Company, Shipping, Insurance and Marine Insurance Laws. She was called to the English Bar by Lincoln’s Inn in 1978. She did her pupillage under the Honourable Lady Mary Hogg in London and returned to Singapore in the law firm of Rodyk & Davidson. She was called to the Singapore Bar in 1980.
A/Prof Catherine Tay is the Honourable Legal Advisor for Singapore Optometric Association, as well as for the Singapore Institute of Engineering Technologists. She was Associate Professor at National University of Singapore (NUS) Business School for 35 years. She has lectured nursing students in nursing law and ethics at the Nanyang Polytechnic. She has lectured medical law and biomedical ethics in the NUS Faculties of Medicine and Dentistry for more than 10 years. A/Prof Tay was the external examiner on medical law ethics at the Hong Kong University, Law Faculty. She is an examiner on law subjects for a number of professional bodies and universities in Singapore and overseas. A/Prof Tay is an author of several law books and medico-legal books.
faasfs
• Any Professionals or Managers who are involved in managing contractual administration, planning on new contracts, contract renewals, contract disputes, resolving contractual, or agreement issues, and contract management
• Legal Professionals
• All Business Units such as Project, Contract, Legal, Claim, Purchasing, Disputes Handling, IT, Facility Management, Sales & Marketing, Commercial Business, and many more
Satisfaction GUARANTEED.
“I understand more about contractual clauses. This course helps me to improve my contract preparation.”
“Inspiring lecture as Catherine is able to deliver speeches accompanying with real examples. I learnt the PIOC negotiation technique and variation of contract terms.”
“The trainer has very wide experience and knowledge about this course and she is able to deliver her performance in an excellent manner. This training course has also refreshed my knowledge on contract law. It is beneficial to my career and to my organisation.”
“The course does not only cover drafting but also negotiation and managing contracts. The detailed case studies given are very helpful for learning and my understanding.”
“Dr. Catherine Tay is very experienced and knowledgeable in a lot of different industries. She updated us with recent law requirements when drafting and reviewing a contract. During the course, I have learnt how to negotiate with people using the PIOC Harvard Negotiation Techniques and how to conduct a meeting efficiently as well as managing an overall contract.”
“Dr Catherine Tay is well prepared. She is a very experience and knowledgeable advisor who gives us a lot of legal examples in various industries. I have learnt the importance of drafting effective fresh contracts or reviewing existing contracts. Contract Management Sessions are very informative and the video clips gave me a clearer learning experience. As a legal person, I involve in negotiation meetings. The PIOC Harvard Negotiation Techniques that focus on compromising without losing out in a negotiation is very interesting.“
OUR VIRTUAL SERIES:
LIMITED TO 20 PARTICIPANTS PER SESSION.
