To answer this question, we need to understand the value that each of these services provides. VMS is an acronym for Vendor Management Solutions. A true fully managed VMS solution is one whe...
The Bill Audit is a point in time review of your past bills that will help you uncover savings from your indirect expenses. It is the process of taking a comprehensive look at the current state of an organizati...
Contracts are a critical piece of the puzzle when managing vendor relationships. They govern the relationships between a business and its vendors, its sub-contractors, its staff and its internal auditors. Th...
Vendor Management organizations are being asked to do more than ever before, including oversee new services, deal with troublesome suppliers/vendors and meet ever-increasing performance goals—all of this with l...
/* */ How do you forecast indirect expenses and drive cost reduction during the budget process? Try our VMS Platinum Cost Savings Calculator for an estimate.
Vendor Management and Finance teams in nearly every industry are wrestling with many challenges because of the COVID-19 pandemic. They face health and safety concerns, significant threats to cash and liquidity,...