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5 Steps Towards Modernizing Supplier Management

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Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. The permanent transparency helped drive a rationalization of its supply base to improve performance, relationships and deliver savings and lower risk.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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This is a key reason for the shift towards a core platform for spend/supplier management – collaboration needs to be embedded in Source-to-Pay processes and it does not stop and end with any one process. Some suites have embedded MDM capabilities that can unify data across the enterprise and fix issues at the source.