With inflation and economic uncertainty dominating the headlines, when do you ask yourself the important questions: Why are we trying to do everything in-house, and when do we start looking outside to expert...
When focusing on cost reduction strategies, a successful asset management solution can provide significant savings. Not just financially, but also when it comes to saving time and lots of headaches!  ...
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...
Vendor management is the process of continually assessing the risks a third-party vendor and its subcontractors pose to your institution. It relies on policies, procedures, and tools to monitor and mitigate tho...
Taking a risk-based approach to vendor management is growing quickly in importance as businesses work with a broader base of vendors. Business expansion and increasing regulatory scrutiny of vendor relationship...
Spend Under Contract is exactly that…it is the amount spent by an organization that is covered under a contract with a vendor. They are expenses that are actively reviewed and managed internally by a Vendor M...