February 6, 2024

Ocean, NJ —Compliance Education Institute (CEI).

Compliance Education Institute has published the Certified Contract Structure Analyst (CCSA™) course, the latest in its industry-leading series of courses focused on Third Party Risk Management (TPRM). The course helps Risk, Legal and Contract, Procurement, Compliance and Vendor Management professionals better understand and mitigate CONTRACT RISK by stepping through the contract writing and review process so they can identify missing clauses, insufficient clauses or one-sided clauses that expose them to undue Legal, Financial, Compliance, Business Resilience and Information Security Risk.

“The process of properly structuring contracts is extremely time consuming and that doesn’t even include the time spent red-lining and revising the contracts by the contract parties,” noted Mick Kless, CEO of Compliance Education Institute. “The lack of industry standards for creating contracts just exacerbates the situation and sometimes it seems as though writing a contract is one-off process every time, becoming expensive and labor-intensive. This course will help you structure effective contracts that are clearly written and easily understandable with the clauses that can be accepted by all contract parties. The result is a repeatable, cost-effective process that leverages an accepted set of contract standards.”

The Certified Contract Structure Analyst™ course guides you through the process of creating a standard Master Services Agreement template, Statement of Work template and Clause libraries with the T’s & C’s that meet your company requirements and risk appetite,” stated Carolyn Jungclas, a recognized industry expert with deep expertise in leading public and private sector Procurement Departments and Vendor Management Offices. “In addition, by leveraging contract structuring guidelines from Interagency Guidance for Third Party Risk Management for those in the financial services sector, this course will help you structure contracts that meet regulatory expectations as well as make good business sense.”

About Compliance Education Institute

Compliance Education Institute (CEI) provides Training and Certification courses, Advisory Services and Software Solutions for 3rd party risk management. Now in its tenth year, CEI’s CRVPM® course series is still the #1 vendor management program certification course with more than 3,500 graduates in 24 countries. Known for its deep expertise in vendor risk management, CEI is the go-to resource for thousands of companies seeking advice and direction in building and augmenting their vendor management programs and educating their staff.

#Procurement #Contracts #Risk #Compliance #FFIEC #TPRM #VendorManagement #TPRM #3PT #Legal #CEI #ComplianceEducationInstitute #CRVPM #CCSA #3rdPartyToolbox #InteragencyGuidance