Contract Management is the process of managing contracts, deliverables, deadlines, contract terms and conditions while ensuring customer satisfaction. Public and private organizations know that purchasing does not end when the contract is awarded.
Contract Management involves managing contracts to maximise benefits and minimise risks. It's crucial for strong enterprise relationships. This Contract Management Training covers essential knowledge in contract law, management, and procurement.
Develop the skills and knowledge to administer contracts and manage contract risks, work effectively with key stakeholders and improve overall supplier performance.
The Six Key Stages of Contract Lifecycle Management Stage 1: Contract Initiation. Stage 2: Contract Creation and Negotiation. Stage 3: Contract Approval. Stage 4: Contract Execution. Stage 5: Contract Monitoring and Management. Stage 6: Contract Renewal or Termination. Conclusion and takeaways.
VendorLink is the District's online vendor registration and solicitation system. Vendors are required to register through this system to receive email notification as solicitations are posted. This manual is designed to provide Vendors with a tool to utilize the VendorLink web application effectively and efficiently.
Contract managers are resourceful professionals for companies that need help organizing and securing their contracts. These professionals manage and store a company's contracts and ensure that the process of creating and signing the document is efficient.