Tradogram offers two distinct contract types to help you manage different kinds of supplier agreements and spending patterns. Choosing the right one ensures your team stays within budget while maintaining the necessary flexibility for their purchases.
A Time & Material contract is used to track the specific quantity of items or services ordered over a set timeframe. When you create this contract, it is strictly based on the specific line items added, their quantities, and their pre-negotiated prices.
Example Use Case: A 12-month agreement with a supplier for 1,000 units of "Safety Goggles" at $5.00 each. Your team can pull from this contract throughout the year until they reach 1,000 units.
A General contract is designed to track a total monetary budget rather than specific item quantities. It is the most flexible option for managing broad spend categories or subscriptions.
Example Use Case: A $10,000 "IT Services" contract. Your team can order various items—keyboards, software licenses, or hourly repair services—from that supplier until the total $10,000 spend is reached.
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