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...
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...
Management is asking for DOCS – ASAP!!! Important Agreement signed last week. You ask yourself … “Where is that Contract – I know it’s in HERE somewhere I just saw it last week. I know it was filed …...
Why is Typical Vendor Spend Data not Useful? Typical spend data is not useful to provide business insight and drive informed decision making. In many large global operations, spend data originates from differe...