NASA’s risk mitigation matrix can help your business improve its vendor management policy and make smarter decisions about who or who not to work with.
Businesses can prevent third-party risk and reduce long-term spend by conducting a vendor analysis that focuses first and foremost on quality.
The right vendor management system should solve your immediate purchasing pain points and support your long-term procurement strategy. Use this decision matrix to find the best one for your business.
A procurement strategy should always map back to two core objectives: reduce costs and reduce risk. Learn how automation can assist with both of these goals.
If invoice reconciliation still slows down your business, your process is broken.
Retail brands are carefully navigating reopening after Covid-19, but the risks are still high and consumer sentiment has changed. Learn how your business can adapt to the new normal.
Maverick spend can account for up to 80% of a company’s total spend. Discover how much maverick spend is actually costing your business and how to stop it.
Implement a solution that provides an inherent structure while offering customizable features tailored to your business’ core needs.
Implement a solution that provides an inherent structure while offering customizable features tailored to your business’ core needs.
We’ve outlined 5 purchasing concepts that every business needs to master to ensure that your purchasing process is always on the right track!