Contract administration Related Topics 
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.
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 […].
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ContractSafe
MARCH 21, 2024
The terms "contract administration" and "contract management" are often mistakenly used interchangeably, blurring the lines between two distinct yet interconnected stages in the lifecycle of a contract.
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.
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?"
World of Procurement blog
JULY 27, 2021
Post-Signature Contract Management In the Post-Signature stage of Contract Management, there's a lot that your Business should be doing to extract value out of the contract especially if you want to realise those savings you "claimed" to have gotten at the pre-signature stage.
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.
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