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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 range from tedious to impossible. Managing your supplier data serves many critical functions,...
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 impossible task to undertake. Grouping your suppliers into those that are critical to your...
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 business and personal finances separate, and building business credit that’s separate from 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 do business. Procure to Pay is a process that includes requisitioning, purchasing, receiving,...
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