Taking a risk-based approach to vendor management is growing quickly in importance as businesses work with a broader base of vendors. Business expansion and increasing regulatory scrutiny of… Read More
To Our Clients, Associates, Friends, and Families ~ This is a time for Our Country to reflect on All People and what we Stand Proud for in Independence as One Great Nation. M… Read More
Spend Under Contract is exactly that…it is the amount spent by an organization that is covered under a contract with a vendor. They are expenses that are ac… Read More
If you are a cost minded and profit responsible business owner, Managing Member or C-Level executive, ask yourself this question…Why wouldn’t I jump at the opportunity to have a… Read More
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 cri… Read More
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… Read More
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, r… Read More
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 tu… Read More
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… Read More
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 t… Read More
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