Our Vendor Management Solution (VMS) is a discipline that enables businesses to not only cut costs but also: control expenses, drive service excellence and mitigate risks… while gaining increased visibility and value from their vendors. Through Limitless Technology’s on-line software overall vendor management, as well as – vendor expense management, is accomplished by giving you absolute visibility into your vendors and spend. No matter what the vendor or type of service they provide – companies can have a comprehensive view into their: services, contracts, rates, terms, conditions and spends through this sophisticated web-based solution.
Complete and Comprehensive Fully Managed Vendor Solution.
Benefits of VMS
Increased Visibility and Value
Vendor Management Solutions with Limitless Technology allows improved tracking of not only spends but includes: document repository, inventory management, dashboards, report metrics and improved financial planning and analysis.
This powerful information helps streamline the budget process, perfect acquisition modeling, improve spend accuracy and bottom-line increase profit.
A COMPLETE INVENTORY
A complete inventory of your contracts and billing are loaded and maintained through your portal for the purpose of base-lining when auditing an invoice.Discrepancy reports are produced so invoice errors can be tracked and all credits and refunds can be facilitated on the client’s behalf. Also, Limitless Technology will even assist with your carrier payment processing.
STREAMLINE AND AUTOMATE
The Limitless Technology vendor management solution can streamline and automate the many processes that support contracts, invoices, agreements, and vendor information all at your fingertips. Do not allow a lack of visibility into vendor deliverables and performance to increase costs and decrease the value of your company!!! An enterprise-based solution that automatically generates vendor management metrics will deliver valuable insight for regaining control of your vendor activity.
SOLUTIONS FOR EXECUTIVES
Limitless Technology provides Vendor Management Solutions for executives just like yourself, who are concerned or frustrated with difficult to manage fixed and varying expenses. A few underlying examples that are often overlooked are in the areas of telecom such as: bulk TV, internet, conferencing, cable, data services, voice services, etc. and in utilities items like: water, gas, electric, waste, recycling, etc. That’s not all. There are many other vendors like merchant card services, travel, landscaping, linens, chemicals, janitorial, elevators, and many more.
Want to know more about VMS?
Use this contact form to reach us. One our our reps will be in touch. Once we know more about your needs, we will be able to provide a solution to your business.
Provides identification of profitability trends and compares/contrasts changes over time.
Gain a competitive advantage with national insight on spend categories and vendors.
Vendor Risk Management:
Track historical vendor data. Avoid duplication of selection errors.
Document Management System
Increases search efficiency with detailed centralized repository.
Vendor Contract and Agreement Inventory
Stops the misplacement of potentially cost affecting agreements and loss of assets.
Identifies savings opportunities, better enforce and facilitate contract compliance.