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...
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...
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...