#Vendr: Supplier-facing negotiations
A Vendr Executive Buyer negotiates this deal on Sourcegraph’s behalf directly with the supplier. This includes routing contract components to Sourcegraph Legal, Security, and Finance for sign-off.
What you will need to get started:
- You know you want to purchase this software and requirements are complete
- Budget approval
- You have a quote (which is over $5K)
- You have an account executive/contact at the supplier to provide to Vendr
- You have at least 15 business days prior to your deadline
- Vendr needs this much time to handle the negotiations and route to our Legal, Security, and Finance teams for approval and sign off of additional contract components
If you have all this then you can submit an intake form through the portal.
Process: This chart is intended to show who is responsible for completing each task when negotiating contracting using a Vendr Executive Buyer
| Task | Sourcegraph | Vendr |
|---|---|---|
| Submit intake form through Vendr | X | |
| Confirm with Sourcegraph owner within 48 hours of intake submission | X | |
| Negotiate price and submit default legal/financial terms and security requirements to the supplier | X | |
| Connect Sourcegraph legal with Supplier to sign of on necessary legal documents | X | |
| Connect Sourcegraph security with Supplier to sign off on necessary security documents | X | |
| Final Terms review by Sourcegraph Finance | X | |
| Route for final signatures by owner / budget owner and supplier | X | |
| Save finalize documents about the deal to the Vendr portal | X | |
| Save finalized documents about the deal to the Sourcegraph’s supplier folder | X |
