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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Contract Obligations Management

Contract Obligations Management is the process of:

  • Discovering Contract Obligations
  • Assigning ownership
  • Determining compliance requirements
  • Establishing methods of checking compliance levels
  • Reporting compliance achievements
  • Dealing with non-compliance
  • Keeping up to date with changes to obligations.

Gatekeeper helps businesses to manage contract obligations by providing total visibility of their portfolio and the ability to search and locate vital metadata. 

Notifications can also be triggered by key dates, so contract owners can take early action ahead of renewals or compliance certificates expiring. 

This increased visibility and accountability helps businesses to ensure obligations are fulfilled.