Solution

Contract Management

Facilitate the vendor contract lifecycle by tracking terms, SLAs, renewals, and obligations to ensure compliance, accountability, and reduced third-party risk.

Solution Overview

The Contract Management solution provides a connected, auditable system for managing vendor and third-party contracts throughout their entire lifecycle — from creation to renewal.
SmartSuite centralizes contracts, service-level agreements (SLAs), obligations, and key dates, ensuring teams maintain visibility into commitments and renewal timelines.
Integrated workflows automate approval routing, renewal notifications, and compliance tracking, allowing procurement and legal teams to stay aligned while reducing contract-related risk.
The solution supports contract data linkage with Third-Party Risk, Issues Management, and the Vendor Portal, ensuring vendor performance, compliance, and obligations remain transparent and traceable.

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Core Capabilities

SmartSuite’s Contract Management solution gives organizations a single system to manage vendor contracts, obligations, and renewals while maintaining alignment with corporate policies and regulatory requirements.

Contract Repository

Store all vendor and third-party contracts with searchable metadata and document attachments.

Workflow & Approvals

Automate routing for contract drafting, review, and sign-off using role-based permissions.

Renewal Management

Receive notifications ahead of renewal or termination dates to prevent lapsed contracts.

SLA & Obligation Tracking

Monitor service level agreements, payment terms, and performance metrics against contractual commitments.

Version Control & Audit Trail

Maintain version history with full visibility into edits, comments, and approvals.

Linked Vendor Records

Connect each contract to its associated vendor, risk profile, and performance data.

Analytics & Dashboards

Visualize total active contracts, upcoming renewals, and SLA compliance rates.

The Contract Lifecycle

SmartSuite supports the full contract lifecycle — ensuring transparency, accountability, and compliance from initial drafting through renewal or termination.

1

Create & Review

Draft contracts using templates then route final versions for approval.

2

Approve & Execute

Obtain electronic signatures and capture version history.

3

Monitor & Track Obligations

Measure SLA performance and ensure ongoing compliance.

4

Renew or Terminate

Trigger renewal workflows or decommission contracts nearing end-of-term.

5

Report & Audit

Generate reports on compliance, vendor performance, and contract value.

Who Uses This Solution

Procurement Manager

Oversees vendor contracts, renewals, and approval workflows.

Legal Counsel

Interprets regulatory text and validates compliance actions.

Compliance Manager

Plans and oversees assessment campaigns.

Vendor Risk Manager

Oversees all vendor assessments, remediation, and reporting.

Finance Officer

Reviews contract values, payment terms, and budget alignment.

Connected GRC Ecosystem

SmartSuite solutions form a unified GRC architecture. ERM connects with related solutions to synchronize data, workflows, and reporting.

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Controls & Compliance
Associate risks with policies and standards that govern mitigation.
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Artificial Intelligence

SmartSuite's AI generates insights, summarizes complex results, and predicts risks within existing workflows to support proactive decisions.

AI Risk Insights

Detect patterns across registers, incidents, and control failures; generate mitigation recommendations.

BOLT

Automations

Use SmartSuite's no-code engine to eliminate repetitive tasks and ensure accountability across risk operations.

AI Risk Insights

Detect patterns across registers, incidents, and control failures; generate mitigation recommendations.

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Integrations

Integrate with the tools your teams use every day. Keep controls, incidents, and risk data in sync through prebuilt connectors and open APIs.

AI Risk Insights

Detect patterns across registers, incidents, and control failures; generate mitigation recommendations.

Frequently Asked Questions

Answers to common questions about SmartSuite’s pricing models, plan options, and onboarding programs.

What are the different SmartSuite plan types?

SmartSuite offers four plan types: Team, Pro, Enterprise, and Signature.

  • Team, Pro, and Enterprise Plans use a per-user pricing model with feature and usage limits designed to scale as your organization grows.
  • Signature Plan provides per-solution pricing for enterprises that need to license specific SmartSuite Solutions — such as GRC, ITSM, or Procurement — for large user populations with advanced governance and support requirements.
How does the Signature Plan differ from other plan types?

You can start by filling out the partner program registration form here.

Are there limits on automations, API calls, or usage?

By signing up to the Service Provider Partner Program you agree to our terms and conditions.

What onboarding, training, and support services are included?

There is no cost. However, there are additional eligibility requirements to join.

First, you must be a customer of SmartSuite to be eligible to participate in the Service Provider Partner program. We believe it is important for all of our partners to be active SmartSuite users (minimum 5 active account members). It’s difficult to recommend a SaaS product that you do not see value in using yourself!

Additionally, you must have 15+ employees and $1.5M in annual revenue to join our network of solution partners.

Can SmartSuite provide customized pricing for complex organizations?

You will be able to work leads through your sales process to a closed-won or closed-lost state.

How can I get a customized quote for my organization?

You will be able to work leads through your sales process to a closed-won or closed-lost state.

Discover the Power of Connected GRC

Break down silos, improve collaboration, and streamline compliance.
SmartSuite helps GRC teams achieve more — with integrated data, automation, and a shared source of truth across the organization.