To know how to save money, you need to know where it is spent. The reality for most vendor management teams is that spend analytics and contract information is often incomplete. Managing critical documents and ...
To truly optimize your vendor contracts, you need to look at your contract management process from 2 important points of view: Contract Procurement and Contract Optimization. Contract procurement begins with p...
What exactly is a “document”, when it comes to managing your business? Simply put, any legal or business records that can be relied upon as evidence of terms, conditions, rates, renewals, or confirmation of co...
Bill Auditing is one of the most ignored opportunities for cost reduction in an organization. This is especially true of companies who have a high amount of vendor or employee turnover, and a variety of workp...
Over the last several months, as we have all dealt with navigating the current business situation…something happened. Many companies who were never thinking about implementing a virtual workplace prior to the ...
If you’re considering a Vendor Management Solution (VMS for short), you are probably finding there are a lot of different options. From the “DIY” model to solutions that are “Fully Managed”, to hybrid solution...