Wouldn’t it be wonderful if you could have all the information at your fingertips to plan and predict the cost of major changes in your organisation? Often a detailed view is needed at short notice. At any time, you may be required to understand which of your contracts/third party agreements:
- need to be reviewed and/or renegotiated
- can be transferred/novated without change into the new business structure
- provide an opportunity for cost saving or extension
- have potential risks and costs to the organisation
The LOCS Due Diligence process includes identifying/locating key documentation, understanding the restrictions/benefits in each agreement, logging the key information and providing management reports and summaries.