What is vendor relationship management? 

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Companies rely on outside vendors to help reach their goals. However, few are dedicating the time to ensure the success of those vendor partnerships. By implementing an effective vendor relationship management strategy, companies can achieve measurable success and see faster return on investment.  What is vendor relationship management?  Vendor relationship management (VRM) is the process…

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Winter is coming: 8 tips for end of year procurement readiness

Winter is coming. It may have already arrived for some. And that means it is time for end of year madness. While we all know it is coming, few of us have the bandwidth and resources to properly plan for the influx of requests, the surprise renewals, and the quicker than possible turn time expectations.…

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SaaS Application and Software Spend Management 2024

Art of Procurement, in partnership with Productiv Accessible price points, ease of adoption and application, and promises of seamless integration, make SaaS applications a go-to solution for most businesses looking to address process or data-related challenges. But, as reliance on SaaS software grows, these advantages can also bring challenges like information security risks, difficulty optimizing…

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