Clear questions for the vendor

Reading Time: 15 minutes

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Introduction

Clear questions for your suppliers. Why do you set them and who should do that? Do not read this eBook if your purchase contracts are perfectly registered. But is an appendix, general terms and conditions missing somewhere, or is an extension date unclear? Then it's time for useful questions. This eBook explains why and how to ask them.

What do you want to know from your suppliers?

You want to have the correct information about your contracts. That always starts with an internal search. Where are your contracts? How do you register metadata? We have put together a list that can be found in the eBook. This gives you insight into which questions you can ask your supplier.

Contract Lifecycle Management eBook: Clear questions for the vendor

Enddate Facilities manager Tacit renewal Suppliers Contract Data Management Notice Period Attachments Automatic Renewal Contract Register Outsourcing Contract Lifecycle Management

Reading Time: 15 minutes

Content eBook

What is this eBook about

When is it time to ask questions?

There is a good chance that you have not registered all appointments correctly. The best thing to do is to go after it as soon as possible. Keep in mind that requesting contracts and metadata can take quite some time.

How much time exactly?

It is difficult to give an unequivocal answer to that. It depends on many variables (how quickly you have your own metadata on the table, which contract management system do you use, how quickly and how accurately suppliers respond, how much experience do you have, etc.), but as a general rule of thumb:

Asking questions, how do you handle that?

Time to start asking questions. How do you handle that?

As mentioned earlier in Chapter 2 (‘When is it time to ask questions?’) reviewing contract information can be a time consuming activity.

Mochadocs - Contract Data Management - Bell with ! V2

Prevent unnecessary extensions and price increases

That is why you request contracts from suppliers and associated metadata such as start date, duration and notice and extension period. It is best to start as soon as possible to get your contract register in order.

Mochadocs - Contract Data Management - Documents in Box

Manage contracts properly

Process contracts properly in the future? Then consider a well-functioning contract management system.