Conducting a health check on service provider contracts can help identify any areas where the business may be overpaying for services, or where there may be opportunities to negotiate better rates.
A health check can help evaluate the performance of the service provider and determine whether they are meeting the business's expectations and requirements.
Conducting a health check can help identify any potential risks associated with the service provider, such as financial instability or poor performance, and allow the business to take steps to mitigate those risks.
A health check can ensure that the service provider is complying with the terms of the contract, such as by meeting delivery deadlines or providing the agreed-upon level of service.
A health check can help the business plan for the future by identifying any potential gaps or areas where additional services may be needed, and allow the business to negotiate those services into the contract.