Contract Management Digital Learning Developed for Global FMCG Company
Client – Leading Global FMCG Company
Region – Africa, Middle East, Asia, and Australia
Context
- A leading global FMCG company sought to standardize its contract management framework to ensure compliance, mitigate risks, and enhance operational efficiency. The organization aimed to implement a comprehensive policy to streamline contract-related processes and responsibilities.
Action
The Direczion business unit of Asbiverse Group partnered with the client to design a tailored learning program to equip its teams with a strong understanding of Contract Policy and Management, covering:
- Scope: Defined applicability across contract types, functions, and regions.
- Roles & Responsibilities: Clarified stakeholder accountability in the contract lifecycle.
- Written Agreements: Established clear guidelines for drafting and formalizing agreements.
- Counterparty Due Diligence: Designed a framework for assessing credibility and mitigating risks.
- Approval, Signing & Storage: Streamlined processes with centralized storage for accessibility.
- Reference Documents: Provided templates and resources to ensure consistency.
Result
The Direczion team enabled the client to:
- Mitigate Risks: Strengthen due diligence and compliance practices.
- Boost Accountability: Clarify ownership and ensure alignment across teams.
- Optimize Processes: Simplify approval, signing, and storage for efficiency.
- Drive Consistency: Standardize contract management globally.
- Ensure Scalability: Deliver a sustainable framework for evolving needs.
Through the Direczion business unit’s Digital Learning development expertise, the client transformed their approach to contract management, fostering operational excellence and creating long-term value.