Nanonets

SEPTEMBER 23, 2023

Compliance is another critical objective, ensuring that contractual obligations are met and legal requirements are fulfilled. Additionally, effective contract management involves monitoring contract terms, renewal dates, and pricing agreements. This objective helps to maintain business continuity and uphold customer satisfaction.

Gateways 52

Gateways RFP Value Added Service Compliance 52

Stax

SEPTEMBER 19, 2024

The process encompasses the roles and specialties of multiple departments within an organization, including marketing, sales, legal, order fulfillment, operations, and finance. In the aftermath of the sale, your customer can choose to renew the contract, which could trigger a recurring billing or subscription agreement.

Process 88

Process Automation RFP Disputes 88

Nanonets

FEBRUARY 15, 2024

Documentation: Based on responses to the RFI, the team shortlists suppliers and sends out Requests for Proposal (RFP) to obtain detailed bids, including pricing, delivery timelines, and maintenance services. RFP Issuance: Action: Detailed RFPs are sent to the remaining 8 suppliers. Time is of the essence in this Agreement.

Finance 52

Finance RFP Agreements Automation 52

Nanonets

OCTOBER 11, 2023

70% RFP / RFQ process Collaborating with Devops, Infosec, Product, Sales, Legal to fill out a webplatform or Excelsheet 80% Negotiation and Adjustment Align with legal and Finance on contractual terms and negotiation boundaries. May connect with e-signature platforms to facilitate digital signing of agreements.

CRM 52

CRM Automation Facilitators Legal 52

Nanonets

SEPTEMBER 22, 2023

Prior to entering into contractual agreements, conducting initial risk assessments is crucial to understand potential risks associated with the vendors. The RFP process allows businesses to compare and evaluate vendors based on standardized criteria. Seek legal guidance to ensure contract compliance 4.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Assessment Assessments 40

Nanonets

SEPTEMBER 22, 2023

Effective negotiation skills are essential in securing favorable agreements that align with the organization's goals and objectives. Through features like request for proposal (RFP) management and electronic bidding, businesses can streamline the  supplier selection  process and ensure transparency and fairness.

Best Practices 40

Best Practices Assessments Risk Process 40