A vendor agreement is a legal contract between a company and a vendor that outlines the terms and conditions of their business relationship. Companies must outline expectations in a contract with vendors to foster an open and trustworthy working relationship. Organizations can safeguard their operations and streamline workflows with thorough vendor agreements. Being conscious of the essential elements within vendor contracts empowers companies to achieve a profitable and long-lasting business relationship. Moreover, it can help mitigate legal, operational, and reputational risks for both part