Back to all use cases

Vendor contracts library

Reduce cost and risk in managing your vendor contractual relationships.

Vendor contracts are essential to protect the company against commercial and operational risks.

Yet with hundreds of contracts coming from different places, it's become nearly impossible for legal teams to keep track.

Using Canyon's building blocks, you can easily create a fully custom contracts library, keeping all your vendor relationships in check.

In a few clicks, define the fields you want to track for the business (dates, prices, conditions, clauses), auto-assign alerts for due dates and create custom tables to visualize all critical contractual data.

With Canyon, companies:

  • Save time by automatically linking alerts to due dates
  • Improve compliance with a streamlined process
  • Ensure business continuity by storing all signed vendor contracts in one place and making them easy to find
  • Reduce risk by never missing a deadline again

Features

How it works

1
The legal team creates a vendor data sheet and links it to a form.
2
A business user uploads the vendor contract and its ancillary docs and completes the form.
3
A new contract data sheet is created in the contracts library with all metadata captured. An alert is automatically linked to the contractual end date.
4
The business user gets an email notification when the end date is approaching.

Enter the LegalOps era with Canyon

Get started