Clinging to outdated vendor management practices is a surefire way to fall behind. Embracing innovation with your vendors isn’t just about adopting the latest technology; it’s about fostering stronger relationships, mitigating risks, and driving greater...
What is it? Vendor self-service is a term used to describe a set of tools and processes that allow vendors to manage their information and interactions with a company. The importance of vendor self-service cannot be overstated. It is a way for businesses to empower...
Vendor portals, especially tailored ones, are powerful business tools that can address numerous pain points in your current accounts payable operations. Vendor portals can provide a platform for vendor self-service that can have immediate financial and human resource...
What are Vendor Packets? A vendor packet is a collection of forms and documents a buyer sends to a potential new vendor to gather the required information to establish a business relationship. These packets generally include all the necessary information to set up a...
The COVID-19 pandemic brought about many changes in our daily lives, many of which were temporary. But other aspects of our daily and professional lives will be changed for the long term. One such example is the rise of the remote workforce. Aiding in the adoption of...
