Introduction Imagine you are the head of procurement for a midsize company. You are tasked with reducing the company’s risk and creating...
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Articles
Your Supplier Data is a Wreck. Here Are 5 Ways to Fix It.
Supplier data management is a task that often seems too big to tackle. When you work with hundreds or even thousands of different suppliers, keeping tabs on all of them can...
How to Identify and Manage Key Vendors and Suppliers
Most organizations today deal with a very large number of vendors and suppliers. Effectively managing and monitoring all of them is an extremely difficult and sometimes even...
Why Your Small Business Needs Business Credit
Separating business and personal credit can be tricky for small businesses, particularly when you yourself are your business. It’s generally recommended to keep your...
Addressing Procure to Pay Challenges with Best Practices
What is Procure to Pay (P2P) Procure to Pay, also known as purchase to pay or “P2P”, is a process that organizations follow when procuring the goods and services it needs to...
Nine Steps to Vendor Contract Management
Vendor contract management is an integral part of any solid vendor management program. Vendor contracts require specific handling, and are complex documents that do more...
