Leverage technology to monitor Contract and Service Level Agreement (SLA) compliance.

Law is changing, it isn’t just about drafting /negotiating contracts and litigation!

These days there has to be a follow-through from the contract/SLA through to monitoring and managing compliance:

  • Drafting – ensuring that contractual clauses can be monitored and there is a reporting, escalation and resolution process in place.
  • Exception Reporting – if there are material contractual service failures then how will these be identified, reported, escalated and resolved?
  • Periodic Monitoring – recording the contractual clauses requiring monitoring along with a recurrence frequency, responsibilities and resolution process.
  • Recordkeeping/Access – note the data which must be stored, retention periods, access limitations, etc.
  • Legal/Regulatory Requirements – additional obligations such as data secrecy, disaster recovery and other laws/regulations as they are enacted.

GRC-Maestro gives Legal Services Providers the ability to link Contracts/SLAs to the monitoring, reporting and recordkeeping regime.

Maestro-Solution

GRC-Maestro helps legal service providers implement the processes, checks, controls and management oversight required to ensure their clients are contractually compliant.

Using GRC-Maestro, Legal Service Providers can help then client’s evidence full compliance with contractual obligations/SLAs:

Governance

Each Contract/SLA is unique, but they all need to be periodically monitored, exceptions flagged and resolved.

Compliance Attestation

Suppliers/Vendors can be asked to periodically attest to compliance with Contracts/SLAs.

Registers/Monitoring/Reporting

It is essential for Legal Service Providers to give their clients comfort that counterparties are complying with statutory law, regulatory rules and other contractual obligations.

GRC-Maestro

Prove Compliance – Evidence your Governance, Risk & Compliance (GRC)

Automate GRC – Run manual checks and processes automatically

Low Cost – Quick and easy to use + low pricing