Project Management

Vendor & Supplier Management

Evaluate vendor relationships and track contract performance metrics

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Vendor management is mostly about renewal dates and who owns them. This template makes both explicit and counts down, so contracts are renegotiated rather than auto-renewed by inattention.

What the worksheet looks like

The actual columns, with sample rows

Contracts sheet with notice deadlines calculated from renewal dates.
ABCDEFG
1VendorOwnerAnnualRenewsNotice byDays left
2Cloud hostK. Owens42,0002026-11-012026-10-0235
3CRM licenceA. Duval18,6002026-09-152026-08-16-12
4Design toolsS. Novak4,2002027-01-102026-12-11105
5Payroll bureauM. Ferrer9,8002026-10-012026-07-03-56

The formulas that do the work

Why each one is written the way it is

  • =[@Renews]-[@[Notice days]] The date you must act by, not the date the contract ends. Notice periods are where auto-renewals come from — the renewal date itself is almost always too late.
  • =[@[Notice by]]-TODAY() Days until the notice deadline. Negative means the window has closed and the contract will renew whether you wanted it to or not.
  • =IF([@[Days left]]<0,"MISSED",IF([@[Days left]]<30,"ACT NOW","OK")) A three-state flag. Thirty days is enough to run a comparison; less is enough only to renew.
  • =SUMIFS(Contracts[Annual],Contracts[Owner],[@Owner]) Annual spend per owner, which is how you tell whether ownership is actually distributed.

Two renewals that had already happened

A worked example with real numbers

A 60-person company listed its software contracts for the first time and found €28k of annual spend across two vendors whose notice windows had closed weeks earlier — both would auto-renew. Neither was still needed at that size. The list did not recover that year's spend, but the countdown column has prevented it twice since.

What is in the workbook

Tab by tab

Every tab in the workbook and what it is for.
TabContents
ContractsVendor, owner, value, renewal and notice period.
VendorsContacts, account numbers and support terms.
SpendActual invoices against contracted value.
CalendarUpcoming notice deadlines in date order.
READMEWhere to find the notice period in a contract.

Features and related templates

What is included, and what to look at next

What it does

  • Vendor database
  • Contract management
  • Performance metrics
  • Cost tracking
  • Service level monitoring
  • Risk assessment
  • Compliance tracking
  • Payment scheduling

Need it adapted?

  • Built around your own data and column names
  • Connected to your source system
  • Delivered within 24 hours

Questions about this template

Specific to this workbook, not generic

Why track the notice date rather than the renewal date?

Because the renewal date is not a decision point — the notice date is. A 30-day notice period means the real deadline is a month before the date everyone has in their calendar.

Who should own a vendor?

The person who uses it, not procurement. Ownership by the budget holder is what makes a renewal review a real decision rather than a rubber stamp.

Can it send reminders?

In Google Sheets, an Apps Script trigger can email owners at 60 and 30 days. That is a short Apps Script job and the highest-return automation on this list.

"This vendor management system has transformed our supplier relationships. We've improved performance tracking and reduced costs while maintaining quality standards."

- Robert K., Procurement Director