Team members can purchase goods and services on behalf of the company in accordance with the Signature Authorization Matrix and guide to Spending Company Money. However, any purchases requiring contracts must first be reviewed by legal then signed off by a member of the executive team. Be sure to also check out our guide on Signing Legal Documents.
Ask your vendor contact to send you a Word document of their contract with the business terms you’ve agreed upon.
Use the Vendor Contract Approval Template to create a confidential issue in the Finance Issue Tracker. Please fill out the form completely, with all requested information. Legal will not approve the request if the request is incomplete and missing information.
Prior to requesting legal review, GitLabbers must get approval from other interested departments such as the department head of your department, finance (budgetary authorization) and in some cases security.
Assign the issue to the individuals responsible for the necessary authorizations. Authorizations can be completed concurrently. (Do not assign the issue to Legal or the Signer yet.)
After you have obtained Functional and Financial approval, as well as any Security or Business Ops approval necessary, you are ready to send the contract to Legal.
After authorizations have occurred, assign the issue to @gl-legal-team – confirming the final version of the Vendor contract is attached – for legal review and approval.
If the contract cannot be approved, Legal will provide redlines and begin the negotiations with the Vendor.
Once the contract is approved, Legal will re-assign to you so you can prepare the contract for signing.
Send the GitLab-signed pdf to the vendor through HelloSign.
You will need to upload the fully signed pdf into your department's folder and then use the Vendor Contract template to add tags, following the provided instructions and best practices
For users who are uploading a contract for the first time assign the issue back to gl-legal-team and request a ContractWorks sign in. You will receive an invitation to log in and file your fully executed contract. Once credentialized, add your contracts to ContractWorks as soon as a contract has been signed by both parties.
Once the first invoice is received, send the invoice and a link for the uploaded contract to firstname.lastname@example.org.
After the invoice has been approved and filed in Google Drive, the Senior Accounts Payable Administrator will record the invoice in NetSuite and move the document to another folder in Google Drive named "Invoice to Pay."
The final step in the process is payment. Payment runs are made every Friday. The Senior Accounts Payable Administrator will queue up the payments and send to the Controller for review and approval. Once approved, the Controller submits the payments to the CFO for final approval. Payments are then disbursed and the Senior Accounts Payable Administrator transfers the file to a folder in Google Drive named "Vendor Paid." This marks the end of the Procure to Pay process.