A worrying statistic, given that poor vendor management can often result in increased costs, delivery of poor quality goods/services and longer lead times for organizations.
Procurement teams are, however, beginning to realize the importance of vendor management, with it amongst the top procurement initiatives for 2021.
Those that have already prioritized vendor management, are experiencing a number of improvements in areas that include supply chain efficiency, vendor relations, response times, compliance, and risk reduction.
Download this eBook for insights into:
AP and Procurement teams that have already optimized their P2P strategies are experiencing a number of improvements to their working capital performance, including greater liquidity, increased profits and improved operational efficiencies. This eBook focuses on the benefits of positive working capital and the P2P strategies for achieving the correct level.
This white paper details how organizations can deploy third party P2P solutions to leverage their NAV investment, outlines integration methods, and presents results that companies have achieved including 80% cost reductions.
Organizations are beginning to realize the importance of vendor management, with it amongst the top procurement initiatives for 2021. Those that have already prioritized vendor management, are experiencing a number of improvements in areas that include supply chain efficiency, vendor relations, compliance, and risk reduction.
Date: Wednesday, June 21st, 2023
Time: 12:00am
In this webinar Brian Bertges and Jason Hery discuss manual challenges faced by AP teams and how SoftCoAP can rapidly solve these.
Balancing the need for customer requests and upgrades with the demands of software development and deployment…