Vendor Negotiations, Performance, and Strategic Relevance
Relationship at a Glance
- Get the 5 W’s on a single page
- Continuously keeps a record of significant events shifting leverage to you, the consumer
Document Management
- Keep track of all contractual documents whether it be NDAs, SOWs, or anything of relevance
- Remove ambiguity with obligation summaries
- Reminders of contract expiration enabling pro-active management putting time on your side
Committed Spend
- Easily keep on eye on vendor spend and committed services avoiding budget misses
Transaction Costs
- Eliminate unnecessary transaction costs, focusing on value-add activities versus precious time drainers
- Track vendor contacts across influence and location driving to faster conclusions
Negotiations
- Drive the standard negotiation processes with best practices to work in your favors
- Bring transparency to all stakeholders which vendors are involved in active negotiations