Contract Management

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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

  • 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

  • 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

    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

    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

  • If not mentioned in the agreement for a specific start date, then I would use the date that the agreement became fully executed. More

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