Your Vendor Administrator is a Liability
Once upon a time, in the not-so-distant past, the vendor administrator was tucked away behind mountains of paperwork, deep within the labyrinth of administrative duties. I know you can picture…
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What’s on Our Mind
Takes, breakdowns, and hard truths about vendor identity and AP.
A Deep Dive Into Vendor Management Job Responsibilities in 2024
Vendor management job responsibilities are changing in a big way. Then again, so is the world of vendor management.
Why You’re Not Maximizing Virtual Card Rebates (And How to Fix It)
Organizations can win big with virtual cards, both in terms of secure, seamless vendor payments and optimizing a payments strategy. They not only offer unparalleled convenience but also bolster security…
Modern Supply Chain Takeaways from the Gartner NA Supply Chain Symposium/Xpo
This year, the PaymentWorks team had the privilege of attending the Gartner NA Supply Chain Symposium/Xpo. This cornerstone event brings together the sharpest minds in procurement supply chain management. The…
The Benefits of B2B Virtual Card Payments You Probably Don’t Know
So you’re ready to get serious about B2B virtual card payments? Good news: this is one of the best things you can do for your business. Better news: by coupling…
What You Don’t Know About the Rising Popularity of Electronic Vendor Payments
Are you still paying vendors with paper checks? Things have changed a lot in vendor management over the past decade and even over the last few years…. And maybe even…
5 Gaps In Your Vendor Compliance Checklist
Do you have a dusty, worn-down vendor compliance checklist? Maybe you don’t have one at all. I know this: you need one, and it should be accurate and current.
The 4 Secrets of Strategic Vendor Management
Leaders often recognize the negative impacts of bad vendor management (higher costs, increased compliance and fraud risks, data security issues, and legal woes), but what about the benefits of good…
Why Vendor Sanction Screening is a Critical Part of Vendor Onboarding
Trustworthy, reliable vendors are the lifeblood of any business. Unfortunately, making sure those vendors are compliant and not on any sanctions lists is often the bane of the vendor desk’s…
What Your Vendor Manager Salary Says About Your Organization
What vendor manager salary are you paying the folks who handle all things vendor onboarding and change management? More importantly, is it reflective of their full scope of responsibilities?