Contract Management

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Welcome to the Contract Management Community. Here you will find the latest discussions and resources that can help you in this area. Note: You will need to Sign In or Register to join in the discussions and access resources. 

About Vendor Contract Management: Vendor contract management is the oversight of written agreements with vendors that provide your organization with outsourced products or services. Proper contract management is important because if a vendor contract is signed that doesn’t include all vendor expectations, outline service levels, or identify ongoing due diligence requests, then these expectations may not happen.

Latest Discussion Posts

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    AI Addendum/AI Language included in contracts

    By: Anonymous Member , 5 days ago

    This message was posted by a user wishing to remain anonymous Hi All - Like everyone we are seeing an increase in new (to us) vendors that use AI in their products, and the boilerplate contracts for these products will generally include language about ... More

    1 person likes this.
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    TPRM Tip of the Week: Contract Management Edition

    By: Hannah Gulan , 6 months ago

    Your Contract Isn't a Crockpot, Don't Set It and Forget It Let's talk about the phase most of us skip: ongoing contract management . We negotiate. We sign. We file it away. And then… we never look at it again until something goes wrong or it's ... More

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    RE: Correct contract date

    By: Olawale Kazeem , 7 months ago

    Yes, using the counter signature date is generally correct because the contract becomes legally binding only once both parties have signed. This is the usual procedure in my bank More

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    RE: Correct contract date

    By: Anonymous Member , 7 months ago

    This message was posted by a user wishing to remain anonymous Thank you everybody for the feedback. In some cases, our contracts don't have an effective date. In those cases, I will use the last party's signature as the contract date. Thank ... More

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    RE: Correct contract date

    By: Anonymous Member , 7 months ago

    This message was posted by a user wishing to remain anonymous Yes, I would say a fully-executed agreement is the only way to go. Correct, not valid unless signed by both parties. More

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