Working with third parties: Contract compliance audits

Business risk consulting Risk consulting Life sciences Biopharma

If over time you realize your life sciences business isn’t receiving regular payments from your third party, or if there are irregularities or deviations from expectations, or if the payments are consistently late or if the amounts received are decreasing, then you should conduct a contract compliance audit.

Other triggers and considerations that can increase the likelihood of noncompliance and warrant an audit are explored in this infographic.