Contract Management
With Contract Management You Can: Contract management is the systematic process of identifying, tracking, negotiating and measuring each of the credit union's contracts. Contract management is much more than an administrative task and is an important first step in a comprehensive expense reduction program. Contract management is also an important and key first step to a vendor management program that not only meets regulatory requirements but enables the credit union to effectively manage its vendor relationships while providing cost savings, better service and better overall relationships with key vendors.
Maple Street outsources the process of managing all of the credit union's contracts in a cost effective manner. Maple Street takes on the task of reviewing each contract to make sure it is complete and complies with the requirements of Gramm Leach Bliley. Maple Street works directly with vendors to complete all incomplete contracts.
All contracts are scanned, stored and made available to the credit union via the Maple Street website
for review, download and printing. Key information about each contract is stored and displayed so it
is quick and easy to find. This information is available 24 hours a day / 7days a week.
All contract key dates are logged into a system that keeps track of when contracts are coming due and when a notice is required to avoid automatic renewal. Multiple individuals at the credit union can receive notice of contracts coming due for all contracts or contracts within their respective area of concern.
With Contract Management You Can: Contract management is the systematic process of identifying, tracking, negotiating and measuring each of the credit union's contracts. Contract management is much more than an administrative task and is an important first step in a comprehensive expense reduction program. Contract management is also an important and key first step to a vendor management program that not only meets regulatory requirements but enables the credit union to effectively manage its vendor relationships while providing cost savings, better service and better overall relationships with key vendors.
Maple Street outsources the process of managing all of the credit union's contracts in a cost effective manner. Maple Street takes on the task of reviewing each contract to make sure it is complete and complies with the requirements of Gramm Leach Bliley. Maple Street works directly with vendors to complete all incomplete contracts.
All contracts are scanned, stored and made available to the credit union via the Maple Street website
for review, download and printing. Key information about each contract is stored and displayed so it
is quick and easy to find. This information is available 24 hours a day / 7days a week.All contract key dates are logged into a system that keeps track of when contracts are coming due and when a notice is required to avoid automatic renewal. Multiple individuals at the credit union can receive notice of contracts coming due for all contracts or contracts within their respective area of concern.