Perform contract compliance audits

Execute a thorough contract compliance audit, ensuring that goods or services are being delivered in a correct and timely fashion, checking for clerical errors or missed credits and discounts and starting procedures for cash recovery.

perform contract quality audit
conduct compliance audit
carry out an in-depth audit
perform a detailed compliance audit report

skill/competence

cross-sector

Perform contract compliance audits is an essential skill of the following occupations:

Tourism contract negotiator: Tourism contract negotiators negotiate tourism-related contracts between a tour operator and tourism service providers.
ICT auditor manager: ICT auditor managers monitor ICT auditors responsible for auditing information systems, platforms, and operating procedures in accordance with established corporate standards for efficiency, accuracy and security. They evaluate ICT infrastructure in terms of risk to the organisation and establish controls to mitigate loss. They determine and recommend improvements in the current risk management controls and in the implementation of system changes or upgrades.
Title closer: Title closers handle and investigate all documentation needed for a property sale including the contracts, settlement statements, mortgages, title insurance policies, etc. They ensure compliance with legal requirements and review all the fees related to the real estate sales process.

Perform contract compliance audits is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Contract engineer: Contract engineers combine technical knowledge of contracts and legal matters with understanding of engineering specifications and principles. They ensure that both parts are aligned in the development of a project and foresee the compliance of all the engineering specifications and matters as defined in contracts.
Real estate agent: Real estate agents administer the sales or letting process of residential, commercial properties or land on behalf of their clients. They investigate the property’s condition and assess its value in order to offer the best price to their clients. They negotiate, compose a sales contract or a rental contract and liaise with third parties in order to realize the stated objectives during transactions. They undertake research to determine the legality of a property sale before it is sold and make sure the transaction is not subject to any disputes or restrictions.
Application engineer: Application engineers deal with the technical requirements, management, and design for the development of various engineering applications, such as systems, new product designs, or the improvements of processes. They are responsible for the implementation of a design or process improvement, they offer technical support for products, answer questions about the technical functionality and assist the sales team.

References

1. Perform contract compliance audits – ESCO