vendor management solutions

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Why You Should Outsource Vendor Management Specialists to Avoid Costly Oversights

Why You Should Outsource Vendor Management Specialists to Avoid Costly Oversights We all understand the importance of overseeing our vendor ecosystem, but today we’re paying it a bit more attention as we realiz...

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MOST COMMON CONTRACT MISTAKES made by finance, legal, and contract management departments …

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...

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Increasing Costs due to Cost Creep and Lack of Proper Vendor Management

Cost Creep. Has this HAPPENED to YOU? Your company starts to grow, and you need more technology to keep up with additional staff, customers and to help improve the process. You are aware of the efficiencies and...

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Poor Contract Management:  A Higher Cost than You Might Think 

An independent study conducted by the International Association for Contract & Commercial Management (IACCM), concluded that poor contract management can cost companies upwards of 9% of their total annual r...

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5 – Point Checklist to Manage Your Vendors Better

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...

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Challenges Controlling Costs in Long Term Healthcare Industry

There are thousands of new residents entering long-term healthcare facilities every day, bringing continued opportunity to grow. However, with new cost concerns since the pandemic began, occupanc...