Structured Process + Run Lean + Scale Efficiently = PoseidonCLM
| Process | Description | Included |
|---|---|---|
| Request Form(s) | Link on SharePoint/Intranet to start all request processes (New Vendor, New Contract, …) |  |
| Initial Review & Approval | Short approval process to approve/reject | |
| Internal Security Questionnaire(s) | Completed by requestor, weighted values for the Risk Tier | |
| External Security Questionnaire(s) | Completed by the vendor, weighted values for the Risk Tier | |
| Risk Tier Review & Approval | Compliance/Security team assess Risk Tier and approve/change | |
| Contract Generation | NDA, MSA, BAA, … | |
| Internal Collaboration | Invite internal team members to collaborate on documents | |
| Send for Negotiation | Redline / Version Tracking | |
| Send for eSignature | Electronic signature process | |
| Vendor Onboarding Email Templates | Language based on Risk Tier | |
| Vendor Onboarding Intake Forms | Data/Document requirements based on Risk Tier | |
| Vendor Categorization | Category and Subcategory tracking | |
| Compliance Review & Approval | Validate all data/documents are collected, reviewed, and approved | |
| Renewal Notification Processes | Set notification date(s) and reminder processes | |
| Contract Administration | Completed contract renewals are reviewed for completeness/accuracy – cloned for tracking | |
| Due Diligence Program | Scheduled Data/Document review process based on Risk Tier | |
| Addendum Tracking | Determine which addendums have controlling values | |
| Task Assignments | Task assignments for activities within contract term | |
| Process Documentation | Step-by-step work instructions for each process step | |
| Training | By role and/or by process steps – unlimited | |
