Contiki is the only application with support for pre-tender activities (risk assessment, strategy, minutes, RFI, memos, e-mails,
etc). The same goes for the tender evaluation stages and the post award stages, and includes a number of enhanced functionalities
guiding and automating complex tasks during the lifecycle of a contract.
The system will hold all critical dates, claim value, risk assessment, etc., plus associated documents (your own and your
client’s or customer’s/vendor’s) and other documentation such as incoming and outgoing e-mails, internal memos, approvals
and reviews.
The effect of all this is that compliance to governing procedures and acts is simply an embedded bonus of managing your contracts
using Contiki.
There are many areas of compliance where contiki is the key to compliance since contracts represent the main source of expenses
as well as revenues:
Sarbanes Oxley: Financial and Accounting Disclosure Information
International Accounting Standards Board: International Financial Reporting Standards
Financial Accounting Standards Board: Generally Accepted Accounting Principles
European Commission: Public Procurement Directives
Basel committee on banking supervision: Compliance and the compliance function in banks
