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Contract Management VS. Contract Administration

ProcurePort

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.

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Goals and Challenges in Contract Administration and in Vendor Management

ProcurePort

• 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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What is the Process of Contract Management

ProcurePort

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.

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Supplier Relationship Management Software — Everything You Should Know

Procurement Tactics

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software? Online Certification Program. ?

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Contract Administration vs. Contract Management: How To Go from Administrating to Managing

ContractSafe

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.

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Ivalua NOW Part 2 – Re-Imagining Offices and Transforming Procurement

ivalua

JLL is a long-established global real estate services provider and manager, with revenues approaching $20 billion. He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages. He gave some really useful experienced-based insight into managing a transformation.

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New Year Insights for the procurement solutions and services marketplace 2024: mdf commerce

Spend Matters

This will require them to look for e-procurement solutions that equally support a supplier network that enables these business owners to identify, compete and manage awarded Government contracts with a single e-procurement solution. Effective contract administration is the last outcome of the S2C focus in public procurement.