September was an interesting month in terms of product development. We’re working on a (currently top secret!) new module and discovered that to implement some of the user interface features that we wanted, we would have to upgrade the javascript library we use, React.js. This impacted literally every page of the application. And while it’s …
Contracts are a critically important aspect of business that require accuracy and proper oversight. The entire process of monitoring contracts can be a tedious one. Fortunately, technology now allows organizations to automate this process, ensuring greater efficiency, improved compliance with legal requirements, and even cost savings. With a proper Contract Lifecycle Management (CLM) platform in place, …
Top 6 Contract Lifecycle Management Benefits and Best Practices Read More »
Companies with an effective procurement department in place understand just how critical the process is to business. However, an established system doesn’t guarantee engagement. In fact, according to a Deloitte study, “Internally, engagement across the business remains an area of focus but, for many, a development point.” To date, many internal employees try to avoid going through …
4 Ways to Maximize Engagement with the Procurement Team Read More »
How do Sourcing Managers go about choosing the right supplier for a project? Are there specific steps that you should follow to ensure that you get the best results? Are there benchmark practices that you, as a procurement manager, should take note of? Strategic sourcing is a multi-step process with several considerations. And cost-efficient, systematic sourcing …
If you work in the marketing industry then you know just how important good vendor relations are to the success of any project. This means you should put a strong focus on finding good vendors; beginning with a streamlined and efficient RFP (request for proposal) that you can send out to potential candidates. At this stage, …
We’re pleased to report that many members of the Vendorful team traveled in August. Some of that was pure vacation time and some of it was simply working in a more exotic locale. Despite our not operating at full strength for the better part of the month, we’re excited to announce a bunch of features …
July is the height of summer in the United States. And since we provide out team tons of flexibility regarding their hours and location, it’s not outside the realm of possibility that some of these features were developed poolside. Put on your sunblock and shades as we walk through some of July’s more interesting enhancements.An …
We hope you had a good solstice and enjoyed the longest day of the year…if you are north of the equator. Indeed, summer has arrived and while school may have let out, Vendorful’s open vacation policy means that people can pick and choose when to take time off. And our team was at full strength …
In the northeastern part of the United States, May brought with it blooming flowers, leaves on trees, and the many sounds of spring. Our developers, on the other hand, brought our customers new features, bug fixes, and enhancements. We had a lot going on last month and not everything will make the cut, but this …
If you look back at last month’s update, you’ll note that March was largely a time for code maintenance. We weren’t ready to share it yet, but lots of new and/or improved functionality was on the horizon. So with April in the rear view mirror, we have one important sentiment to share with you….Vendor Management …
