Benefits of Contract Management and Asset/Inventory Control Contract management or Asset /Inventory Control is the management of contracts made with customers, vendors, partners, or employees. Contract manageme...
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Why are Benchmarks Important? Benchmarking is a common business practice and sensible exercise to establish baselines, define best practices, identify improvement opportunities (contract rates and terms) and c...
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How can procurement and vendor management become more aligned with, and demonstrate its impact on, the main measures of business success? What impact does procurement make on a company’s sustainable shareholder...
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Measurable Results: Vendor management allows businesses to gain access to vendor performance tracking, providing spend visibility, cost controls, cost reduction results, document management, process improvement...
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Even the smallest increase in revenue or reduction in your expenses can have an impact on your company’s profitability. We would like to share 5 simple steps (some you may have already incorporated into your b...
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Even a slight over-charge can add up to a considerable amount over time. No matter how corporate billing is done, it’s a mistake to think that billing today is computerized and accurate. Companies of all sizes ...