for the vendor or supplier, the contract helps to recognize revenue. this is the process of creating, negotiating, agreeing, storing and tracking vendor contracts, to enable legal, procurement and finance teams to manage risk and renewals. the process should look like this: using this kind of workflow, in a browser-based contracting platform, helps teams to collaborate on vendor contracts quickly and efficiently. as the value of these relationships increase, so too can the length, density and complexity of the vendor agreements used to define them, both in terms of content and process. business users can then answer a short q&a to populate the key fields and generate a vendor contract of their own.