Partnership contract audit
Analysing contractual financial flows to spot VAT irregularities, imbalances in services and missing consideration requires legal and finance teams to work together. Volumes force them to sample, which leaves part of the agreements outside the scope of the check.
The automated workflow
A structured process for fast, reliable results.
Agreement import
All partnership agreements to audit are loaded (agreements, amendments, financial schedules).
Financial flow analysis
Financial flows, consideration and terms of each agreement are extracted and checked automatically.
Irregularity detection
VAT inconsistencies, imbalances in services and departures from accounting standards are identified.
Audit report
A detailed report with irregularities ranked by severity and recommended corrective actions.
Tangible results
Up and running in 4 to 6 weeks
From specification to deployment, with visible results from the first few weeks.
Frequently asked questions: Partnership contract audit
More workflows: Legal
Contract analysis and review
Lawyers reread every contract by hand to spot risky clauses, inconsistencies and departures from internal standards. Bloomberg Law's 2024 analysis of contract workflows puts manual review at 92 minutes per standard commercial contract, against 22 minutes with an assisted first pass. That difference ties senior people to repetitive work where attention drops as volume rises.
Automated regulatory monitoring
Tracking legislative and regulatory change across many sources keeps legal teams busy collecting, sorting and summarising. The volume published each week exceeds the reading time available, and an important sector text can easily go unnoticed until it takes effect.
Drafting contract clauses
Drafting clauses suited to each context (contract type, jurisdiction, sector) ties senior lawyers to repetitive work. Keeping clauses consistent across the company is hard from one team to the next, and junior lawyers often work from incomplete reference templates.
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