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...
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...
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...
Business Leader’s IT decisions have a larger financial impact than they may know. “Through 2019, EVERY dollar invested in innovation across a business will require an additional $7 in IT execution, which SVM le...
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...