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 process. You are aware of the efficiencies and cos...
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Vendors taking Advantage of you? Why would they? You have this great relationship and have been working together for years, right? Most businesses at one time or another outsource due to limited internal resour...
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Why is Typical Vendor Spend Data not Useful? Typical spend data is not useful to provide business insight and drive informed decision making. In many large global operations, spend data originates from differe...
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4 Significant Reasons Why Your Business Should Focus on Vendor Management Having vendors or third-party service providers is a necessary part of your business in order to operate and provide the services and/or...
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Here are 5 Ways to Mitigate Risks Posed by 3rd Party Vendors: Vendor Management Solution (VMS) is a discipline that enables businesses to not only cut costs but also: control expenses, drive service excellence ...
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Benefits of Contract Management and Asset/Inventory Control Contract management or Asset /Inventory Control is the management of contracts made with customers, vendors, partners, or employees. Contract manageme...