Managing external partners has become a critical part of doing business today. As companies expand and rely more on outsourcing, the risks tied to outside vendors grow larger. Businesses can face ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Guy Yehiav The ...

Through incomplete vendor security protocol and inconsistent compliance, among other factors, companies are leaving themselves vulnerable to nefarious actors. In 2020, hackers gained access to the ...

Effective vendor management allows organizations to control costs, drive service excellence and mitigate risks to maximize value from their vendors throughout the contract. Strategic IT leaders can ...

The failure to track and manage supplier performance can cause many business issues, especially for companies with large amounts of raw materials and SKU complexity in a global supply chain network.

Historically, organizations have relied on static risk assessments and due diligence processes to evaluate their suppliers. This involves vetting vendors using questionnaires, compliance audits, and ...

Since 2022, Stampli customers have deployed Advanced Vendor Management to support sophisticated vendor onboarding and engagement processes, and relied on Billy as an AI employee to help perform these ...

We believe this recognition from the IDC MarketScape validates our approach to solving one of healthcare's most ...

Vendors can be broadly categorized based on the nature of their offerings and their relationship to the buying organization: Manufacturers: They are entities that create and sell products they produce ...

In order for purchase orders and direct payment requests to be completed, vendors must be active in the buyW&M system. Effective 6/15/21, the DocuSign Vendor Create Form is replaced by the buyW&M ...