If you’re in business, you’ll have contracts to manage – whether it’s just a few, straight-forward supplier agreements, or more complex, ongoing arrangements with clients and vendors. Whichever is the case for you, it’s vital to your business that they stay up to date, and that your staff understand the requirements and implications of each.
As a Way We Doer, you’ve got access to a range of tools to support every aspect of your business operations. We’ve created a short contract management video tutorial to take you through setting up a Power Procedure that will help you stay on top of your various contracts.
In this 8-minute tutorial, we take you step-by-step through setting up a robust contract management review process, while highlighting some of the different variables and considerations you may need to factor in.
Using the Decision Points and Scheduling features in Way We Do’s Activated Checklists, you can build in a level of detail and rigor to your procedure that will make sure contracts stay current, compliant and accurate, not to mention easy to administer for everyone involved.
Depending on the types of contracts you manage, you may need to create different checklists and procedures for each (you might even find color-coding them makes them easy to categorize). And if you need extra help setting up your contract review processes set up, email firstname.lastname@example.org and we’ll be there for you.