Risk management
Contracts must be checked legally and technically as part of a company-wide contract management process. For this purpose, possible risks must be identified and evaluated in each phase of the contract life cycle. This is the only way to identify and avoid negotiation risks in the preparation phase, possible risks during the contract term and risks in the termination phase of a contract at an early stage. The following diagram is an aid for the visualization of identified risks.
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More about the topic
Individual contracts either stand alone or are created in the context of an existing outline agreement and assigned to the outline agreement. A comprehensive classification is available for entering individual contracts.
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By subdividing the contract costs into "fixed costs" and "imputed costs" and "one-off costs", different payment models of the contracts, such as maintenance and purchase contracts, can be mapped.