It is likely that your company works with hundreds of different vendors, all with varying charges, contract terms & conditions and changing points of contact. This, of course, can become incredibly complex for many people in your organization. Without the proper management of these vendors’ details, you can soon find your organization at risk. Becoming non-compliant with critical processes and procedures, unaware of critical vendor risks, unable to easily access necessary documentation, crippled by poor contractual terms & conditions, and overpaying for goods and services are unhealthy for any organization. This complexity is what led Limitless Technology to offer fully managed vendor solutions. Vendor Management Solution (VMS) is a discipline that enables businesses to not only cuts costs but also: control expenses, drive service excellence and mitigate risks. It also provides a high level of increased visibility and exponential value from their vendors.
Limitless Technology provides a suite of products which offer great value to your entire organization. The foundation for these services are built on 2 pillars of success: our VMS Document Management platform and a Billing Optimization process that has been time tested and verified to provide significant value by our internal team of experts. VMS Document Management is a cloud-based technology that houses all your contracts, supporting documents, critical notifications, and detailed vendor criticalities. Our Billing Optimization process starts with a forensic bill audit, and reviews current and past vendor or supplier bills to uncover all billing errors, unnecessary charges, misappropriations and over-charges. Each of these platforms is available as a stand-alone service.