billing optimization

Cost of Procrastination
Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions

Postponing Contract Negotiations Can Cost You Money and Increase Your Organizational Risk

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...

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Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions

Should a Company Outsource its Vendor Management?

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...

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Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions

A Quality VMS Approach Can Help Businesses Navigate COVID-19 Challenges

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,...

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Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions

The Role of Finance in Vendor Management

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...

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Bill Audit Billing Optimization Cost Reduction Services Document Management Uncategorized vendor management solutions

Managing the Vendor Lifecycle

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...

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Bill Audit Billing Optimization Cost Reduction Services Document Management vendor management solutions

Fraud or Mismanagement…Why are there billing errors on your invoices?

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...