Time is a crucial resource that each organization treasures and tries to transform into a gain. In choosing document management application, focus on a clutterless and user-friendly interface that empowers users. DocHub provides cutting-edge tools to maximize your file management and transforms your PDF file editing into a matter of one click. Hide SNN Field in the Event Vendor Contract with DocHub in order to save a ton of efforts and increase your productivity.
Make PDF file editing an easy and intuitive operation that will save you plenty of precious time. Quickly change your documents and send them for signing without adopting third-party options. Give attention to pertinent tasks and boost your file management with DocHub today.
[Music] hi Im Cindy horn within winder in this 90 second video youre 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 number 1 document the processes for vendor contract management within your vendor management program to plan the negotiation and strategy prior to vendor engagement 3 clearly identify all areas of the organization that are involved in contract management process number 4 negotiate the term of the agreement understand any regulatory requirements that are specific to your organization 5 actively manage the delivery of the product or service 6 understand that contract management does not end with contract signing and that your organization must manage ongoing vendor relationship to include addendums to the agreement 7 manage the risk that have been identified during the contract management process 8 understand the terms