Performing a Contract Compliance audit ensures that the agreement is executed in accordance with the intent of all parties to the contract. Net benefits include cost recoveries, process improvement savings, fraud prevention and detection and identification of hidden risk.

Audit Horizons Limited conducts a thorough review of;

• All expenditures, including the individual review of selected agreements with key suppliers and contractors.
• Cost reduction and contract improvement opportunities are presented, along with the identification of overpayments which convert to prospective recoveries.
• Related root causes of non-compliance and suggest areas for process improvement.