Monitoring contract compliance and managing maverick spend

Upload contract data and track contract compliance by category. Know where to focus your time and attention to maximise the value of preferential contract terms.

The Observatory’s CONTRACT functionality makes it easy to track and analyse off-contract expenditure. The ability to update your spend data over time, be that monthly, quarterly or bi-annually, and upload contract information to the Observatory underpins the production of charts, graphs and tables that provide a invaluable insight into the nature and extent of off-contract and maverick expenditure. CONTRACT gives you answers to key questions, so enabling you to direct substantially more of your spend to those suppliers with whom you have negotiated the most favourable terms including:

• How much of your spend by category is with suppliers with whom you do, or do not, have a contract?
• What proportion of your spend by category with contracted suppliers is on national, sectoral or local contracts?
• How is your spend with suppliers with whom you do, or do not, have a contract changing over time?
• How does your spend with suppliers with whom you do, or do not, have a contract compare with your peers across the public sector?
• How many of your suppliers do you have contracts with and how does that vary relative to the total spend in any given category?

To arrange a meeting to discuss implementation of the Observatory and monitoring contract compliance in your own organisation then please contact us.