RiskAide
CONSULTING
Reduce blindspots in your IT Contracts
Need a hand with assessing risks in your draft or executed IT contracts? Our team of experienced consultants can help review your contracts and provide you with nonlegal advice on managing the risks and other potential issues in your contracts.
We Review: CLOUD COMPUTING AGREEMENTS SOFTWARE LICENSING AGREEMENT SOFTWARE DEVELOPMENT AGREEMENT PROFESSIONAL SERVICES AGREEMENT STATEMENT OF WORK DATA AGREEMENTS MAINTENANCE AGREEMENTS WEBSITE DEVELOPMENT AGREEMENT ... and lots more
We review draft or executed IT contracts (including supporting documents) for contractual risk, and offer nonlegal professional advice on how to manage such risks
What we do
Our risk advisory service will:
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Alert you to risks you should be identifying to parties drafting or negotiating your contracts
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Help you to prioritize the actions that you need to take to bring your risks to within reasonable levels
What you get
Our risk advisory service will:
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Alert you to risks you should be identifying to parties drafting or negotiating your contracts
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Help you to prioritize the actions that you need to take to bring your risks to within reasonable levels
Who our clients are
Why choose us
Long-term rewards from leveraging our service include
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Reduced likelihood of future litigation;
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Reputation as a hassle-free business partner; and
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Improved attractiveness of your business in future M&A deals.
Our Services
RiskView
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Provides general guidance on risks inherent in the nature of the client's transaction type (e.g., Software Licensing, etc.)
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Identifies key risk themes (high-level) that the client should be aware of and seek to manage in the transaction.
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Provides high-level recommendations on possible contractual controls (and, if required, in-house controls) that can help to mitigate the associated risks.
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Client will be required to provide a brief overview of the transaction. Document submission is optional.
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Deliverable: Risk Advisory Report - General Risk Themes (1)
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No. of Reviews: 1
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Standard Service fee is $200 for 48-hour turnaround. For 24-hour turnaround, an additional 75% markup on the Computed fee plus GST (subject to the availability of a team member to deliver the service)
RiskOver
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Detailed assessment of risk by reviewing agreement provided by client in the context of theProvides a
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narrative provided.
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Document upload required.
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Identifies risk theses associated with the transaction type.
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Assesses if controls exist in the -
agreement that adequately mitigates this risks
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Identifies control gaps i.e. areas where
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controls do not exit or adequately cover
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Review (3)
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Deliverable Report 1 Report with
I am the founder and a principal consultant at RiskAide Consulting Inc.
Ever felt like an agreement you entered with a third party did not quite work out as you had imagined it would? Since the start of the business relationship, it's been one problem to another. You feel like you're breaking your back to make the deal succeed; and yet your efforts (and the risks in the transaction) outweigh the rewards you're getting from it. Yet ending the relationship is not an option - as this is one "big" client that you can't afford to lose.
Many small and mid-sized companies today are on this ship. You can influence a more positive outcome for your next transaction by exercising more due diligence early on in the contract life cycle. And here's how we can help:
At RiskAide, we have a team of experienced IT contract risk specialists that can help your proactively anticipate and understand IT contractual risks and issues that the transactions you are about to embark on can introduce - and then empower you or your contraction negotiation team to propose and negotiate a fairer contracts
Have a Review Completed in:
3 Simple Steps
1. Contact us via the Contact Form or at +1 (587)-429-4742.
2. We will respond within 24 hours to ask for your contract documents and other supporting details
3. We will review the contract and supporting details you provided and revert with a risk advisory report (typically within 48 hours)
Hi! I'm Ade
