We would like to obtain feedback from the SIG membership on best practices in processing supplier agreements through internal Legal review.

• What is the typical turnaround time from legal? Company paper vs. Supplier paper?
• Does your legal group provide alternative language or a clause library to use as tradeoffs in negotiations?
• Do you use any software tools to facilitate reviews?
• Does your company accept email or fax signatures, or do they require original documents?
• Is there a published Grant or Delegation of Authority for folks approved to sign agreements?
• Are printed files of contract documents maintained?

 

Categories: P2P Archive
SRC Type: Contract Development, Contract Management, Sourcing, Sourcing Management