The past month has shown how powerful & essential Force Majeure can be, and if carefully constructed, can help reduce the economic fallout of global pandemics. A March 2020 survey conducted by Protiviti found the number one risk issue with CAE’s was economic conditions. In your role as an Audit Executive, you may have the responsibility to assess and quantify the contractual risks posed to your organization.
Ultria would like to help:
We have put together a limited-use version of our Artificial Intelligence engine – Orbit, to provide quick, precise and in-depth contract analysis. This bundled solution for Contract Risk Analysis and Cost Reduction Identification includes ability to process up to 1,000 agreements and can identify clause types (Renegotiation or Cancellation), at-risk clauses (Fixed Term, Termination of Convenience), extract metadate and evaluate supply chain opportunities (Audit Rights, Index Trigger, etc.)
This PDF comprehensively details the Orbit Protector capabilities, helping you mitigate risks across your contracts, through timely analysis and actions.