Key Takeaways Supply chains are becoming more distributed, and as a result, vendor relationships have become ongoing ...

Vendor setup rarely fails because procurement forgot a form. Vendor setup fails because supplier onboarding lives in email threads, approvals sit with the wrong owner, and the vendor master turns into ...

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 ...

Vendor management is the process of controlling costs, driving service excellence and mitigating risks to gain increased value from vendors throughout the deal life cycle. This strategy is crucial in ...

In 2026, Vendor Management Software (VMS) played a central role in controlling and auditing vendor bank detail changes. What was once treated as a routine administrative update is now recognized as a ...

Building on its existing OCR technology, Precoro now leverages Google’s Custom Extractor and advanced intelligent document processing to automatically capture invoice data. Uploaded invoice files are ...

TORONTO, March 03, 2025--(BUSINESS WIRE)--VendorPM, one of North America’s fastest growing procurement and vendor management platforms, has formally announced the launch of its highly anticipated ...

Commentary - As 60-70% of an enterprise’s IT budget is spent on hardware, software, and external vendor services, maximizing the value derived from IT vendors is key to delivering efficient IT ...