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...
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...
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...
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...
While it’s hard to blame a company for canceling vendor audits during the pandemic, it’s important to understand that business is moving forward, and straying from good business practices is never a good idea. ...
Our CEO, Todd Larsen, provides insight into the value of Audit Trails. /* */