The Hidden Costs of Not Having a Vendor Information Portal
If you want to make someone in finance visibly twitch, just whisper this phrase: “Vendor info spreadsheet.”
How you bring vendors in sets the tone for everything that follows.
If you want to make someone in finance visibly twitch, just whisper this phrase: “Vendor info spreadsheet.”
Does this vendor information debacle sound familiar: it’s Q1, you’re trying to close out last year’s books, but your AP team just flagged five different records for what turns out…
As we are well into the 21st century, it should come as no surprise that following vendor management best practices means evolving beyond administrative duties to encompass more strategic, analytical…
Vendor relationships are the unsung heroes keeping institutions running smoothly, but what are the costs of manual vendor onboarding in higher education? Vendors play a pivotal role, whether they’re supplying…
Managing public funds comes with an enormous responsibility. Every dollar spent—whether it’s on infrastructure projects, higher education, public safety, or social services—ultimately belongs to taxpayers. That means every purchase, every…
If vendor onboarding were a reality show, government agencies would have the toughest gig: high stakes, constant scrutiny, and no room for error. From navigating complex compliance rules to avoiding…
Let’s face it: vendor onboarding in higher education is often a nightmare. Between the decentralized departments, mountains of paperwork, and the ever-present risk of a typo sending money into the…
Let’s be honest—vendor management for the government sector isn’t exactly a walk in the park. Between navigating complex compliance requirements, keeping up with evolving fraud tactics, and managing mountains of…
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…