Your vendors are important. They often provide important basics of business operations: office supplies, for example, as well as equipment repair and maintenance, internet and phone services, and the raw materials for your products.
But as you grow, it can be difficult to keep track of all your vendors and ensure that everyone is on the same page. This can lead to disputes over prices, payments, and more—and it can cost both parties time and money (and added stress, who needs that?).
In this article we'll learn what a vendor contract is, why they're important and how to create smart vendor contracts that protect your business. Most importantly, we'll discuss how Proposify helps you build vendor contracts that are easy to work with, adapt them over time, and strengthen the partnership between you and the vendors you do business with.