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Vendor self-service can help mitigate effects of a tight labor market and cost pressures. Vendor self-service is a term used to describe a set of tools and processes that allow vendors to manage their own information and interactions with a company. It is a way for businesses to empower their vendors, giving them the tools […]
Read FullThe goal of a vendor self-service initiative is to redeploy human resources to more value added tasks by transferring the responsibility of vendor centric activities back to the vendor.
Read FullOne 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 […]
Read FullThere has to be a better way! A vendor packet is a collection of forms and documents that a buyer sends to a potential new vendor in order to gather the required information to establish a business relationship. These packets generally include all the necessary information needed to set up a new vendor for payment […]
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