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Vendor Agreement Workflow

Vendor contract negotiation, risk assessment, compliance verification, and performance tracking

Complexity: Moderate | Duration: 15-30m | Category: Professional/Hr

Tags: #vendors #contracts #procurement #risk #compliance

Workflow Diagram​

Steps​

Step 1: Assess vendor​

Agent: vendor

manager - Evaluate vendor capabilities, references, financials

Step 2: Risk assessment​

Agent: risk

assessor - Identify vendor risks (security, compliance, financial)

Step 3: Review contract​

Agent: contract

specialist - Analyze proposed terms, SLAs, liability

Step 4: Negotiate terms​

Agent: contract

specialist - Redline unfavorable clauses, improve protections

Step 5: Compliance verification​

Agent: compliance

auditor - Verify SOC 2, ISO, insurance, certifications

Step 6: Approval workflow​

Agent: procurement

specialist - Route to legal, finance, security for sign-off

Step 7: Execute agreement​

Agent: contract

specialist - Finalize signatures, store in repository

Step 8: Track performance​

Agent: vendor

manager - Monitor SLAs, conduct vendor reviews

Usage​

To execute this workflow:

/workflow professional/hr/vendor-agreement-workflow.workflow

See other workflows in this category for related automation patterns.