EXAMPLE: CONTRACT ADMINISTRATION

Proactive contract administration is a business process that will be a highly valuable enhancement to the existing operations of many communities. NEOSO offers a contract administration service that:

1) works with communities to identify and centralize the storage of all contract vehicles,
2) enters key information, terms and conditions about each contract into a common platform, and
3) provides robust reporting and forecasting capabilities to each community on an ongoing basis.

NEOSO provides ongoing administration services, works with communities to strengthen their contracts and proactively facilitates the contract renewal and replacement process as needed.

So how does Contract Administration provide three levels of value to our Members?

 

contract administration diagram. click image to download full size pdf.