Forrester logo
Ivalua - Banner

Vendor Agreement


Glossary

What is Vendor Agreement?

A vendor agreement is a legally binding document that outlines the terms and conditions governing the work or services provided by a vendor. This contractual arrangement serves as a comprehensive framework defining the rights, responsibilities, and expectations of both the buyer and the vendor. Vendor agreements are versatile and can be crafted for various purposes, including the supply of office materials, engagement of consultants, provision of technology, and delivery of services. These agreements are crucial in establishing clear guidelines to ensure a smooth and mutually beneficial business relationship between the parties involved.

Learn more about Ivalua's Contract Lifecycle Management Solutions.

Interested in Learning More About Ivalua?