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,...
Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions
In a traditional business structure, Vendor Management and Finance are two separate departments, working alongside one another within the organization. While this works, it isn’t the most efficient and effectiv...
Bill Audit Billing Optimization Cost Reduction Services Document Management Uncategorized vendor management solutions
A surprising number of vendor management organizations do not actively manage the vendor lifecycle. When creating vendor management policies, the clear majority of organizations’ issues arise because of poor ve...
Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions
At some point or another, your vendor management team has found themselves looking over an invoice wondering, “Why are there billing errors on these invoices? Where did they come from? Is my vendor trying to sl...
Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions
In an increasingly regulated world, and a rapidly changing business environment, organizations are facing greater scrutiny than ever when it comes to compliance. The focus on compliance is expected t...
Noncompliance occurs when one party in a contract does not fulfill his or her obligations. For example, if a construction company agrees to make repairs to your business’s facilities and fails to do so, t...