How It Works

A structured methodology from review to ongoing protection

GovernTerms combines specialist consultancy with PayRight to deliver commercial assurance across three horizons: recovering what has already been lost, protecting current expenditure, and preventing future leakage.

01Review

Understand your commercial exposure

Every engagement begins with a structured commercial review. We examine your contracts, purchase orders, invoices and supplier arrangements to establish where the financial risk lies and quantify the potential exposure.

Activities

  • Contract analysis
  • Invoice sampling
  • Spend data review
  • Supplier arrangement mapping
02Identify

Surface discrepancies and missed entitlements

Using PayRight alongside our consultants' expertise, we systematically identify overpayments, pricing discrepancies, missed rebates, and compliance gaps, with supporting evidence for every finding.

Activities

  • Invoice accuracy scoring
  • Contract term extraction
  • Pricing schedule comparison
  • Compliance gap analysis
03Recover & Protect

Recover losses and correct the commercial position

We support you through the recovery process, supplier negotiations, credit notes, contract corrections and governance improvements. Simultaneously, we put controls in place to protect current and future expenditure.

Activities

  • Supplier negotiation support
  • Credit note facilitation
  • Contract correction
  • Governance framework design
04Prevent

Build lasting commercial resilience

Ongoing assurance through PayRight continuous monitoring, retained consultancy or embedded governance frameworks ensures that the issues we identify do not recur and that new risks are caught early.

Activities

  • PayRight continuous monitoring
  • Ongoing invoice assurance
  • Supplier performance reviews
  • Commercial capability development

Where PayRight fits

PayRight accelerates the Identify phase and powers the Prevent phase. It analyses contracts and invoices at scale, surfaces findings for expert review, and provides the ongoing monitoring that makes commercial assurance sustainable rather than a one-off exercise.

Identify phase

System-accelerated analysis

Prevent phase

Continuous monitoring

Expert review

Every finding validated

Audit trail

Full governance record

Ready to start?

Book a no-obligation commercial review and we will walk you through how the methodology applies to your organisation.