Bill Review

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Why are you trying to do everything in-house?

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...

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Asset Management is Hard

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! &nbsp...

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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...

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Establishing a Vendor Management Process that is Focused on Continuous Improvement

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...

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Managing Vendor Risks

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...

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Spend Under Contract is a Key Metric for Vendor Management Solutions

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...