Top Rated Solution for Vendor and Contract Lifecycle Management

G2 reviews, 4.5 stars Software Advice, 4.7 stars

“Before Gatekeeper, our contracts were everywhere and nowhere.”

Anastasiia Sergeeva, Legal Operations Manager, BlaBlaCar

“Gatekeeper is that friendly tap on the shoulder, to remind me what needs our attention.”

Donna Roccoforte, Paralegal, Hakkasan Group

“Great System. Vetted over 25 other systems and Gatekeeper rose to the top.”

Randall S. Wood, Associate Corporate Counsel, Cricut

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Gatekeeper Contract and Vendor Management Glossary

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

Renewal Term

A renewal term is the fixed period for any automatic or agreed contract renewal.

By having visibility of your renewal terms, and storing them in a centralised location so they are easy to find, you can keep ahead of key dates.

Effectively managing renewals with contract management software involves:

  • Extracting renewal terms and storing them centrally
  • Gaining visibility of upcoming dates to set proactive reviews
  • Sending automated alerts to stakeholders ahead of renewals to prevent delinquent or duplicate spend.