These are all the companies you have made contracts with. In Contractpedia, there are three types of companies: Supplier, Customer, and Partner. Below is an explanation to help you understand the different company types and how they interact with your organization.
Supplier
These are companies that supply goods or services to you. Examples include electricity providers, water and sanitation companies, leasing companies, banks, etc. Contracts with suppliers typically represent expenses for your company.
Customer
This one is fairly self-explanatory. If you’re a commercial organization, customers are the companies you supply goods or services to in exchange for payment. For example, if you sell office supplies, then every company that purchases from you is a customer.
Partner
These are companies that provide something you use to generate profit. For instance, if you manufacture furniture, the company that supplies you with wood would be considered a partner. However, a utility provider like the electric company would be categorized as a supplier.