vendor risk management

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No business should have to feel they are “on the watch” for changes in their contracts and agreements.

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...

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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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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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Scary Errors and Haunting Inefficiencies Cost Businesses Millions

An underlying theme in any business is keeping costs at a minimum in order to spur growth and increase the bottom line. As companies attempt to streamline their costs, an area that frequently gets overlooked is...