Organizations cannot do business without vendors. Whether it is a telephone service provider or outsourced IT services, vendors are critical to helping operations run smoothly. Some businesses may only require ...
A team mentality must be brought to the contract development and negotiations phase. In too many companies, outsourcing contracts are left to purchasing, legal, and senior executives, then assigned to the manag...
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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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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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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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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...