5 Tips for Vendor Management Success in 2023
As the end of the year approaches, we reflect on 2022 as we prepare for 2023. From a vendor management perspective, 2022 has been both a continuation and expansion of...
What is the Difference Between Sourcing and Procurement?
Have you ever wondered what the difference between sourcing and procurement is? You’re not alone. While there are key differences between the two, there are some commonalities. Sourcing and procurement...
Who is Software Contract Solutions?
As companies grow, they hire entire teams to handle marketing, sales, legal, human resources; the list goes on. So why leave a complex issue like software licensing and compliance up...
Your Checklist for Better Understanding Contract Renewals
As the end of the year approaches, now is the time to prioritize and work on vendor strategic sourcing projects. There are a variety of types of exit language that...
Indirect Procurement— What it is and How to Keep a Handle on it
As the price of goods and services continue to increase, the need to implement solid budget controls becomes even more important. Today we’ll cover indirect procurement—what it is, how to...
Navigating the SaaS Procurement Process
In the age of SaaS, effective procurement management means something different. Getting by with spreadsheets is no longer effective. In this blog, we’ll look at the elements of the modern...
Is Outsourcing Procurement Right for Your Company?
For fast-growing companies focused on adapting to changing landscapes, business process outsourcing (BPO) is becoming increasingly common. Instead of hiring in-house teams, companies are outsourcing critical business functions like IT,...
IT Benchmarking Metrics – Assessing Fair Market Value for Purchases
Overpaying for enterprise software, cloud infrastructure, hardware and IT services is all too common. Unfortunately, inconsistencies in market pricing can make it difficult for buyers to determine whether a vendor’s...
Supplier Relationship Management Software: Where to Start
True or false: procurement and supply chain management is all about cost. False. Yes, cost is a driving factor. But procurement and supply chain teams today are focused more on...