Benefits and Best Practices of Mid-Term Vendor Contract Reviews
It's a common scenario... An organization neglects to track contract expiration dates only to realize too late, and the end date is only a few days away. Lack of preparation leaves very little time for negotiating or modifying the contract or identifying alternative vendors if needed.
Mid-term contract reviews are an effective way to ensure your vendors continue to deliver products and services as expected and that both parties are satisfied with the partnership.
Download the infographic to learn:
- What a mid-term contract review is
- Benefits of performing a mid-term contract review
- Questions to ask during the review
- Best practices