Have confidence your contracts are in compliance with industry regulations and standards.

Your contract is the single most important control in the outsourcing process. A well-written vendor contract is absolutely essential to helping protect your organization and your customers. Our team of experienced paralegals will assess your vendor contract top to bottom and produce a comprehensive report, deeply through 9-12 pages depending on the length and nature of the contract, calling out provisions that both you and the regulators will care about. And, they can walk you through their findings and answer any questions you may have.

• Uncover missing contractual terms: Our on-staff certified contract administrators review your vendor contracts to make sure all industry standard information is included. However, if an important clause, such as related to cybersecurity or business continuity planning, is missing, they will let you know this should be discussed with the vendor.
• Auditor-ready summarization: Satisfy your auditors instantly with the contract review summarization, so the auditor no longer has to sift through contracts since our summarization will direct the reviewer to the exact page in which they can locate a particular clause.
• Meet industry regulations and best practices: We understand you have a legal team who reviews the contracts, but often the review is very generalized; our review is compliance and third party specific, ensuring your contract is being reviewed by a specialist with an understanding of third-party risk and regulatory guidelines.

Included in the Assessment:

• Review of aspects such as:

  • Scope of Service
  • Duration
  • Performace Standards
  • Security and Confidentiality
  • Business Continuity Controls
  • And more

• Provisions called out regarding how your contract maps back to industry contract guidance