business expense management

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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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Why is it Difficult for Staff to Follow Vendor Management Procedures?

Vendor management is one of the most complex and sophisticated methods in the whole procurement process. It can seem simple when the number of vendors is small, but the complexity rockets “straight up” as the n...

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Ensuring the Best Vendor Management Solution

Vendor management is the functioning center to most businesses … and we really can’t live without it. This includes IT services, office supplies, delivery services, utilities, rentals, and the goods...

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Vendor Management Roles to Drive Business Value

Organizations should clearly define sourcing, procurement and vendor management (SP&VM) roles as well as shared objectives. In doing so they unlock efficiencies and maximize the contribution of their techno...

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Managing Vendors Long-Term for Maximum Profitability and Efficiency

Cash Is King For Senior Living Properties  RESOURCE: https://seniorcare.levinassociates.com/2018/06/15/cash-is-king-for-skilled-nursing-targets/ Recently, an article was placed by The Senior Care investor which...

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Don’t Let Independent Decisions Impact Your Organization’s Profitability

When we stop and think about what Independence means to so many, I believe many of us forget why independent thinking is so important. Much like our forefathers did 242 years ago, they took a stance on the “sta...