What's at stake—and how to close the gaps before someone else does.
A new year brings new opportunities to do better, and let’s be honest—vendor management in higher education institutions could probably use some love. These institutions face unique challenges when it…
It’s time to document your 2025 vendor management plan, but where do you start? Effective vendor management isn’t just about ticking boxes; it’s about building a resilient system that delivers…
Why does a good vendor management strategy need to be a priority? For starters, vendors are an extension of your business. They’re essential to everything from delivering products and services…
Navigating today’s vendor ecosystem can feel like stepping into a high-stakes chess game with a sneaky opponent. The fraudsters? They’re not just trying to play the game; they aim to…
We’ve all heard the saying, “What you allow is what will continue.” But when it comes to company culture, letting things slide can cost you way more than you think—financially,…
Picture this: You’re bringing a new supplier into your system. What should be a simple task turns into a back-and-forth loop of emails, missing documents, manual data entry, and inevitable…
As cyber threats get more clever, executive impersonation has become one of the scariest tricks haunting the vendor management world. This isn’t your run-of-the-mill phishing attempt; it’s far more devious.
Supplier fraud prevention is a lot like living in a horror movie, except instead of masked villains chasing you through dark alleys, you’re dealing with fraudsters lurking in your inbox,…
No one in AP enjoys paying a vendor via check. The inefficiencies and costs are legendary. For modern finance teams, electronic payments have become the backbone of business operations. However,…
Think your small business is safe from vendor fraud? Think again. Lackluster security measures are an open invitation for fraudsters.
