Vendor Scorecard Sample
Download a sample vendor risk scorecard
When we become your Virtual Contract Management Office, we review your vendor contracts and:
As an option, we can negotiate your vendor contract for you. | Key Features:
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Let us gather and review your vendor contracts, so you can focus your time on making the best business decisions from our recommendations. Let us create your contract renewal and notification reminder ticklers, so contracts don’t auto-renew on you. And let us negotiate your vendor contracts for you.
In negotiating more than 2,000 vendor contracts on behalf of banks and credit unions, we have learned exactly what language, pricing and service level agreements (SLAs) each major vendor is willing to, and unwilling to, change in their contracts. So, would you rather have a paralegal tell you all the theoretical language changes you could wastefully pursue or would you rather learn realistic solutions to vendor contract risk issues.
Many competing vendor management software and services are actually resold by your moderate to high risk vendors. This conflict of interest limits your ability to hold your vendors accountable and is the reason we are the only vendor management software and service provider that can negotiate your vendor contracts for better performance, better pricing and better risk mitigation.