Vendor contract management for small businesses (the pragmatic guide)
Big companies buy Ironclad or DocuSign CLM. Small businesses need something they can set up in an hour that stops auto-renewals from bleeding cash. Here's the pragmatic version.
The minimum viable process
Every signed contract goes in one place. Each has a counterparty, renewal date, notice period, price, and owner. Reminders fire before the notice deadline. That's it.
What you don't need
You do not need approval workflows, redlining, e-signature integration, or a Salesforce connector. Those are enterprise problems.
How to set it up in an hour
1) Pull the last 12 months of card statements. 2) Match each recurring charge to a contract PDF (or request one). 3) Upload to a register that extracts the terms. 4) Assign owners. Done.
Owner accountability
Assign the person who uses the tool as the owner, not procurement. They know whether to renew.
Frequently asked
Track 10 contracts free. Then $29/year for unlimited.
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