Contract management is a key component in managing risk and vendor relationships. Improving how your organization manages the process will help you clearly define vendor expectations and responsibilities. Watch this 90-second video to get a fast overview and best practices for vendor contract management.
Hi – I’m Cindy with Venminder.
In this 90-second video, you are going to learn 9 tips for successful vendor contract management.
These are best practices that we have seen implemented across the country which can help you reduce risk and meet regulatory expectations.
Remember, having smart processes in place for contract creation, execution and analysis can ultimately benefit you financially, by having better service delivery, and help manage risk to your organization.
See you next time.