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Communicate. Collaborate. Transact.

Procurement. Finance. Vendors. Keys to an effective vendor management program. An important part of smooth operating supply chains is onboarding and managing the vendors and suppliers that are key to your organizations success. Once onboarded it is critical that all the key stakeholders from procurement (purchasing), finance (accounts payable) and the vendor (supplier) communicate and […]

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Tailor Vendor Portals to Meet Your Needs

One size does not fit all, don’t limit your options. Vendor portals are powerful business tools that can address numerous pain points in your current Accounts Payable operations. Vendor portals can provide a platform for vendor self-service that can have immediate financial and human resource impacts on your organization. But beware, not all vendor portals […]

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When In Doubt, Go Full Out!

January 18, 2022

As a software business analyst, it’s a fun job to work along side software developers and test the client applications they develop.  It’s intriguing to help and watch a solution being developed that will eventually be used by a myriad of users in many different locations, performing many unique tasks.  However, there’s a lot to […]

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Collaboration: Procurement, Finance & Suppliers

Obtaining and sharing critical supplier information between different functional areas in an organization can be a very frustrating task, particularly between the procurement and finance operations.  Siloed organizational structures, disparate systems that don’t communicate with each other, corporate culture, and differing business objectives are factors that contribute to this situation.  These differences impact not only […]

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Procurement, Finance & Vendors

Partner for Success – stronger supply chains, efficient processes, and automated operations The opportunities that are available to companies when procurement, finance and vendors communicate and collaborate are plentiful. Utilizing tools and solutions that insure you are onboarding vendors that are healthy and in compliance with company, industry, and governmental regulations is the start to […]

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Vendor Management – Think Strategically

October 7, 2021

For many companies vendor management is treated as just another back-office function to be administered by procurement and accounts payable.  But are those companies putting their organizations at risk, or at very least missing out on opportunities for more efficient supply chains by not taking a more strategic view of vendor management?  For organizations in […]

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