Vendor management
Selecting, contracting, overseeing and offboarding the vendors an organisation relies on.
Vendor management covers commercial terms and performance as well as risk. Its compliance side (security reviews, data processing agreements, subprocessor changes) is vendor risk management.
Related terms
ClauseTrail watches vendors' subprocessor lists, DPAs, privacy policies, terms and AI terms, and tells your team what changed and by when to object.