ProcurePort

MARCH 11, 2021

What are contract management and contract administration, and how do these two processes impact your procurement efforts? Dealing with contracts is hard and it’s much harder if you don’t know the difference between contract management and contract administration.

Contract administration 130

Contract administration Contract management Contract Management 130

ProcurePort

MAY 19, 2022

• Effective contract administration and vendor management are not easy to achieve, especially when an organization is dealing with multiple vendors. There are multiple contracts to be agreed upon, monitored, reviewed, and renegotiated each year. However, if it […].

Contract administration 130

Contract administration Vendor management Contract Management 130

ProcurePort

SEPTEMBER 7, 2022

As such, the process that governs their creation, execution, and reviewal – i.e. contract management is an integral function of any organization. • The post What is the Process of Contract Management appeared first on ProcurePort Blog.

Contract management 130

Contract management Contract Contract administration Management 130

The Good Spending

JUNE 25, 2023

For example, I found it helpful to use as an arbitrator for the Legal vs. Procurement dispute of one of my clients regarding the ownership of the contract administrator role. I suggested the following response to the question, "Is the contract administrator a threat to the legal department?"

Procurement 52

Procurement Contract administration Category management Suppliers 52

Procurement Tactics

OCTOBER 18, 2022

ProcureWare is an e-procurement system that offers sourcing, contract management, and supplier management functionalities. It enables companies to perform improved online bidding tasks, contract administration, reporting, risk management, and document management.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Supply Chain Efficiency 181

Barkers Procurement

SEPTEMBER 17, 2023

Depending on the risk, value of the agreement and other factors, many businesses will have rules about who approves each contract. Contract administration Each party must comply with the terms and obligations of the agreement during the contract period.

Contract 52

Contract Management Contract management Procurement 52

ivalua

MAY 15, 2020

He focused initially on sourcing and category management, because that would give the biggest return on investment as the firm moved from contract administration, to tactical sourcing, to true CatMan and strategic sourcing. Simplification of systems and tools was a key part of the programme. Rogers had no less than 10 (!)

Procurement 130

Procurement Supply chain Strategic sourcing Strategic sourcing 130