Cost reduction is a process used by businesses to reduce overhead and expenses and increase the bottom line. The strategies can vary depending on the complexity of a company’s spending, the number of vendors, t...
Bill Review Billing Optimization Billing Savings billing software business expense management Cost Management financial planning and analysis Financial Reporting spend management vendor expense management vendor risk management
It happens all of the time. Clients that audit their own invoices and manage their own contracts…spend wasted hours trying to sort out the fees and promo plans service providers offer. In the end (months l...
Billing Optimization billing software business expense management Consulting Cost Management financial planning and analysis spend management vendor expense management vendor management software
The expansion of digital business, growth of cloud services, and increasing regulatory scrutiny of third-party vendor relationships are just a few factors placing a heightened focus on vendor risk management. B...
business expense management Cost Management financial planning and analysis Financial Reporting vendor expense management vendor management software vendor management solutions vendor risk management
MOST COMMON MISTAKES made by finance, legal, and contract management departments … Automatic Renewal Clauses (“ARCs”) or AUTORENEWALS can be golden for business. But for all their perks, ARCs are noto...
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...
Bill Review Billing Optimization Cost Management financial planning and analysis Financial Reporting vendor expense management vendor management software vendor management solutions vendor management tracking vendor risk management
IT costs are often seen as a small percentage of business expense, generally sitting under 5% of overall business expenses. Many leaders in the past have focused on larger areas, avoiding taking a deep dive int...