Archive for author: Todd Larsen

blog-featured-image-093021
business expense management Cost Management financial planning and analysis Financial Reporting vendor expense management vendor management software vendor management solutions vendor risk management

MOST COMMON CONTRACT MISTAKES made by finance, legal, and contract management departments …

MOST COMMON MISTAKES made by finance, legal, and contract management departments … Automatic Renewal Clauses (“ARCs”) or AUTORENEWALS can be golden for business. But for all their perks, ARCs are noto...

blog-post-image-092321
Billing Optimization business expense management Consulting Cost Management Cost Savings

Why It’s Important that EVERYONE Understands Vendor Agreements

A team mentality must be brought to the contract development and negotiations phase. In too many companies, outsourcing contracts are left to purchasing, legal, and senior executives, then assigned to the manag...

blog-post-image-091621
spend management Supplier Management Telecom auditing vendor expense management vendor management software vendor management solutions vendor management tracking vendor risk management

Increasing Costs due to Cost Creep and Lack of Proper Vendor Management

Cost Creep. Has this HAPPENED to YOU? Your company starts to grow, and you need more technology to keep up with additional staff, customers and to help improve the process. You are aware of the efficiencies and...

blog-featured-image-090921
bill auditing Billing Optimization Cost Reduction Services Document Management vendor management solutions

Poor Contract Management:  A Higher Cost than You Might Think 

An independent study conducted by the International Association for Contract & Commercial Management (IACCM), concluded that poor contract management can cost companies upwards of 9% of their total annual r...

blog-featured-image-090221
Bill Review Billing Optimization Billing Savings billing software business expense management Consulting Cost Reduction Tips Cost Saving Solutions Cost saving strategies Cost Savings financial planning and analysis Financial Reporting Financial Transparency spend management Supplier Management Telecommunication Audit Utility Audit vendor expense management vendor management software vendor management solutions vendor management tracking vendor risk management

5 – Point Checklist to Manage Your Vendors Better

Vendor management is a repeatable, effective method for developing and monitoring third-party providers of goods and services. It is also a way to derive as much VALUE as possible from contracts and build mutua...

blog-featured-image-060121
bill auditing Billing Optimization Cost Reduction Services Document Management vendor management solutions

Challenges Controlling Costs in Long Term Healthcare Industry

There are thousands of new residents entering long-term healthcare facilities every day, bringing continued opportunity to grow. However, with new cost concerns since the pandemic began, occupanc...