Many businesses negotiate good contracts, but then fail to follow-up on a consistent basis to ensure the vendor is performing as agreed. Follow-up can be informal or formal and can take many forms. Businesses should assess what, if anything, they should change about their contracting practices to ensure their agreements contain mechanisms to facilitate post-execution review (e.g., audit rights, meetings of senior management, security reviews, SLA assessments, etc. etc. The point is to assess in a structured way how the vendor.”]
Source: https://www.csoonline.com/article/2136674/a-new-year-s-resolution.html