How do you communicate to a vendor that you are going to end the contract you have in place with them? And explain the reasons of such termination.

By email75%

Thru a meeting25%

100 PARTICIPANTS
1.1k viewscircle icon1 Comment
Sort by:
Global Chief Cybersecurity Strategist & CISO in Healthcare and Biotech2 years ago

Always verify in the contract how that must be done. Never have seen a vendor take verbal and acceptance to end the contract. Email may not be acceptable. May need to be a formal legal letter and 90 days, 69 days, 30 days etc. notice

Lightbulb on1

Content you might like

Cost of RPA products25%

Lack of developers who can code RPA applications43%

Amount of customization needed to automate business processes27%

Lack of RPA code maintenance resources4%

View Results