Gain complete control and management of your contracts and supporting documentation
Before you sign a contract with a vendor, it gets reviewed and negotiated to ensure it meets the standards as defined in your vendor management program. However, after you sign a contract, you do not just file it away. Instead, you monitor and maintain it over time to ensure the agreed upon provisions are being adhered to and processes followed. Reassessments should be performed as well overtime if changes occur such as, but not limited to, your program, the services you purchased from the vendor, issues and exceptions, service levels and more. With hundreds of vendors comes hundreds of contracts in which you will need to follow this procedure. If you are not careful, it can be easy to misplace a contract and difficult to keep track of important data points on a day-to-day basis.
Venminder’s Contract Management Module is a central repository that allows you to have visibility on each contract on the product level, provide an effective means of reporting on contracts and the ability to monitor key date timelines by means of automated notifications.
Improve contract efficiency
With contract status options and prominent placement, you can more quickly take next steps on contracts and move through review and maintenance processes.
Avoid missing key dates
With automatic notifications, you can catch contracts before key dates, such as before they expire or auto renew, to ensure you do not miss opportunities for improvement in the relationship agreement.
Optimize resources with a clear view of all contracts
By managing all vendor contracts from across the company in one place, you can more easily identify overlap, too much usage of one type of vendor and gaps in the agreements, which in turn could save resources.
- Data entry by our paralegal staff
- Multiple contracts for a single product
- Unlimited contracts
- Reminders of upcoming expiration and other key dates
- Customizable notification timelines
- Expanded meta data fields
It's already easy to use. But we're still here for you.
Venminder is praised for very simple and straightforward implementation. We’ll match your speed, create a project plan to meet needs and goals and configure your account including data imports.
Venminder’s renowned customer support is responsive and ready to listen. Reach out by email, phone or chat. We work closely and create a collaborative partnership to find solutions.
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